2010-01-10

Path From Climate Summit Unclear for Many. By Lisa Friedman, ClimateWire, January 4, 2010. "When presidents and prime ministers departed the U.N. climate conference in Copenhagen last month, they left behind a vast legal tangle that experts have barely begun to unravel. A half-dozen edicts that world leaders handed down -- dealing with everything from verifying carbon emission cuts to mobilizing billions of dollars for poor nations -- require formal enactment rulings from the parties to the U.N. climate conference. But by the time the global summit came to a close on Dec. 18, nations had made none of the necessary follow-up rulings. Left unsettled and largely unexplained: how and when the leaders' directives laid out in the Copenhagen Accord will become reality.

"The first real test of the accord comes Jan. 31, the deadline for both rich and poor countries to submit their economy-wide emission targets to the United Nations. If that happens as planned, the United Nations will then need to realize another item on the Copenhagen Accord to-do list: a registry to record each country's action, and a body to provide 'international consultations and analysis' that will ensure that China, India and other nations are living up to their climate commitments. Then comes the question of money. Analysts said short-term funding in the accord announced to help poor countries cope with climate impacts is fairly straightforward. Developed nations promised $30 billion over three years, and at least for 2010, much of the money already has been allocated. The U.S. Congress in its 2010 appropriations targeted about $1.2 billion for various bilateral and multilateral climate projects... More problematic is the $100 billion in midterm financing that leaders vowed to mobilize through 2020."

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