2.5% 5% 15% 35%
15%
Deforestation happens rapidly and destructivity, while reforestation is slower and longer term.
i. For water system, prevent flooding, helps soil quality
ii. Helps with soil erosion
iii. Protect fishery
iv. Protect biodiversity
v. Preserve culture and communities
i. Better sustainable practices, to expand forest
ii. Reduce emission, by slowing deforestation
Rich countries pay poor countries to protect their forest
T
i. Initial, should be complimentary of Kyoto protocol, non-participation of US, failure of Kyoto protocol
ii. Authenticity of carbon credits
iii. Traditional communities living in forest, who owns the land ? taking over the land from the traditional communities
iv. Insufficient funding, no support, fail as a program. Fail to change the economic dynamics
i. Green climate fund
ii. World bank
a. 5 years
i. Ambitious
ii. Progressive
F
T
Green climate fund
F
T
a. Least developed countries
b. United states
c. Calls for the fund but no legal liability
i. Distinction of developed and developing countries is not as clear
ii. Paris: rich to poor/rich , Kyoto: rich to poor, clarity of tech transfer between rich and poor countries
iii. 5 years of reset is not in Kyoto
iv. Kyoto: treaty, Paris: agreement, Kyoto Treaty is legally binding but Paris Agreement is not
Powerful symbol, recognition of the urgent need for ambitious action on climate
Universal agreement that significantly bridged the divide between developed and developing countries
A major breakthrough in US-China bilateral climate relations
Pledged reductions at least (open question on whether they are kept) are sufficient to reduce emissions enough to keep global temperature rise below 2 degrees C
Powerful symbol, recognition of the urgent need for ambitious action on climate
Universal agreement that significantly bridged the divide between developed and developing countries
A major breakthrough in US-China bilateral climate relations
i. No mechanism, no legally binding
ii. Tracking quality problem, poor accountability
iii. Insufficient funding
iv. Insufficient tech transfer
China step up
T
i. Tech breakthrough, solar and wind
ii. Electric vehicles, transportation sector more electric vehicles
COP 28: Dubai
COP 29: Azerbaijan
Both of them: petrol states
transition away from fossil fuel, water down from phasing out to transition, Russia and Saudi Arabia
i. Petrol state
ii. Arthurian government