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Moderator: Christiana Figueres, Center for Sustainable Development in the Americas (CSDA)

Speakers1. Kevin Baumert, WRI2. Harald Winkler, EDRC3. Yong-Gun Kim, Korea Environment

Institute4. Osvaldo Girardin, Fundacion Bariloche5. Odile Blanchard, IEPE

Climate of TrustOptions for Protecting the Climate Beyond KyotoEighth Conference of the Parties to the UNFCCC28 October 2002, New Delhi

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Kevin A. Baumert (kbaumert@wri.org)Climate, Energy, and Pollution ProgramWorld Resources Institute http://www.wri.org

Climate of Trust: Overview & Introduction

COP 8, New Delhi 28 October 2002

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Overview

• About the Climate of Trust• Purpose of Research• Contents: “Building on the Kyoto

Protocol: Options for Protecting the Climate”

• Climate Protection Architecture (Chapter 1)

WRIWRIClimate of TrustClimate of Trust

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Research• Explore different approaches to

promoting North-South cooperation on climate change– Examine existing proposals and new ideas– Examine pros and cons of different options

• Purpose– Explain, Examine, Investigate– No “winner”– Help prepare civil society and governments

for the coming debate over future commitment periods

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Building on the Kyoto Protocol: Options for Protecting the Climate

2. Continuing Kyoto: Emission Caps in DCs?

3. Sustainable Development Policies and Measures

5. Dual-Intensity Targets: Reducing Uncertainty

7. The Brazilian Proposal on Relative Responsibility8. Equal Per Capita Entitlements

10. Conclusion: Building and Effective and Fair Climate Protection Architecture

1. Introduction: An Architecture for Climate Protection

4. Evolving to a Sector-Based CDM

9. Differentiated Commitment Scenarios: Quantitative Analysis

6. Learning from the Argentine Voluntary Commitment

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Designing a Climate Protection Architecture:What are the Possible Elements and Options?1. Legal Nature of Commitments

- Binding - Non-Binding - Mixture

2. Type of GHG Limitation Commitment- Tax- PAMs (e.g., harmonized PAMs; SD-PAMs)- Targets (e.g., fixed, dynamic, dual)

3. Approach to Differentiating Commitments- Pledge-based (e.g., Kyoto-style)- Principle-based (e.g., Brazilian Proposal, equal

per capita)4. Timing and Triggers

- By existing or new Annex5. Coverage and Scope of Actions

- Different gases and/or sectors

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Designing a Climate Protection Architecture:What are the Possible Elements and Options?Continued…

6. Market-Based Mechanisms - Int’l emissions trading - CDM - Sector-CDM

7. Financial and Technology Commitments- Funding for adaptation/impacts compensation- Funding for clean energy development

8. Accountability Mechanisms - Measurement, reporting, and review of

commitments - Compliance system

9. Overall Environmental Objective- UNFCCC Article 2- More specific (e.g., keep 450 CO2 eq. option

open)

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Kevin A. Baumert (kbaumert@wri.org)Climate, Energy, and Pollution ProgramWorld Resources Institute http://www.wri.org

Climate of Trust:Introduction &

Overview

COP 8, New Delhi 28 October 2002