The Copenhagen Climate Change Treaty Draft – wealth transfer defined, READ THE TREATY HERE

This is the draft of the Copenhagen Climate Change Treaty currently out of the United Nations Framework Convention on Climate Change working group dated September 15th.

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Thanks to Alan MacRae for providing it to me. To get an idea of the kinds of things being proposed, I provide it here with some excerpts below. Readers that wish to highlight some other excerpts should do so in comments.

Page 62:

33. Each Party’s national schedule shall include:
(a) A long-term national greenhouse gas emissions limitation or reduction pathway;
(b) A country-driven nationally appropriate mitigation strategy, differentiated in terms of the ambition, timing and scope of its mitigation commitments or actions, which could be, inter alia, project-based, sectoral or economy-wide.
(c) Each Party’s nationally appropriate mitigation strategy shall include:
(i) Except for the least developed countries and small island developing States,
quantified emissions limitation or reduction commitments for 2020, consistent
with its long-term national greenhouse gas emissions limitations or reduction
pathway, subject to regular review; and
(ii) Measurable, reportable and verifiable mitigation policies and measures to meet its quantified emissions limitation or reduction commitments for 2020, as appropriate, and to support its national greenhouse gas emissions limitations or reduction pathway, subject to regular review.
34. All countries prepare low emission development strategies. Note that further paragraphs would be required to describe in more detail their function and relationship to the national schedules described above and a potential facilitative/matching platform.
35. All Parties shall develop and regularly update and submit information relating to the implementation of their nationally appropriate mitigation strategies. Such information shall be reviewed and verified according to agreed rules and guidelines.
36. All Parties, except for the least developed countries and small island developing States, shall develop and regularly update and submit a national inventory of anthropogenic emissions by sources and removals by sinks of all gases not controlled by the Montreal Protocol.
37. National inventories shall be:
(a) Undertaken in accordance with the latest agreed Intergovernmental Panel on Climate Change Guidelines for National Greenhouse Gas Inventories; and
(b) Submitted, reviewed and verified according to agreed frequencies, rules and guidelines.

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Page 122, Item 17 is quite troubling.

15. [Developed country Parties [shall][should] provide support to developing country Parties, particularly those specified in Articles 4.8 and 4.9 of the Convention, in order to allow developing country Parties to address issues related to social and environmental development, economic diversification, risk assessment, modeling and insurance to prevent the adverse effects of the spillover effects.] Alternative to paragraph 15:
[In the implementation of paragraphs 11 (c)11 and 11 (d)12 above (159.1 and 159.2 in FCCC/AWGLCA/2009/INF.1) , through the provision of financial resources, including for access, development and transfer of technology, at agreed full incremental costs in accordance with Article 4.3 of the Convention;
Recognizing that there are ways and means to reduce or avoid such impacts through careful and informed selection of policies and measures, to evaluate the effectiveness of existing tools, and to consider new ones, in order to assist developing country Parties in addressing these impacts.]
16. [Adverse economic and social consequences of response measures [shall][should] be addressed by proper economic, social and environmental actions, including promoting and supporting economic diversification and the development and dissemination of win-win technologies in the affected countries, paying particular attention to the needs and concerns of the poorest and most vulnerable developing country Parties.]
Alternative to paragraph 16:
[Adverse economic and social consequences of response measures shall be addressed by various means, including but not limited to promoting, supporting and enabling economic diversification, funding, insurance and the development, transfer and dissemination of win-win technologies in the affected countries, such as cleaner fossil fuel technologies, gas flaring reduction, and carbon capture and storage technologies.]
17. [[Developed [and developing] countries] [Developed and developing country Parties] [All Parties] [shall] [should]:]
(a) Compensate for damage to the LDCs’ economy and also compensate for lost opportunities, resources, lives, land and dignity, as many will become environmental refugees;
(b) Africa, in the context of environmental justice, should be equitably compensated for environmental, social and economic losses arising from the implementation of response measures.