Climate Deal 2015

Paris Climate Summit December 9: New version of the negotiating text

A new version of the negotiating text came out in the afternoon of December 9th, less than two days away from the end of COP21. There have been negotiations between different blocks to reach consensus on a number of positions under the new climate agreement.

During the Paris Committee meeting countries stated their position on the new negotiating text. Negotiations went on the entire day and night, ending at 7am on December 10th. A new version of the text incorporating the feedback of countries is expected to be released at 7pm.

Countries are congratulating the French Presidency for the leadership it has shown in guiding the process towards a new global climate agreement. Nonetheless, there is still much work needed to be done.

Emission Reductions

  • During their interventions some countries discussed the necessity to recognize 1.5 degrees in the agreement and to clarify the a long-term goal.
  • The G77+ China group (which groups a large number of developing countries) expressed concerns about the lack of clarity in the differentiation language in the text, especially in the elements of finance and mitigation (emission reductions). The Independent Association of Latin America and the Caribbean-AILAC and the European Union called attention to the importance of having a five-year cycle for revision and verification.
  • In a press conference, Brazil, South Africa, India and China (BASIC), articulated their visions and expressed that any agreement must have differentiated responsibilities for developed and developing countries.

Adaptation to climate impacts

  • Africa, AILAC y Saudi Arabia called in favor of strengthening the adaptation element in the text, proposing to elaborate a register with adaptation actions.
  • In addition, there are some difficulties on the loss and damage debate. The Alliance of Small Island States-AOSIS highlighted that the work that has been done by countries could result in new language in the text regarding loss and damage. On the other hand, the European Union continues seeing the issue as “deeply problematic.”

Climate Finance

  • There are still some issues that need to be agreed under finance to ensure funds will be provided and increased after 2020.
  • During the working group meeting on finance, countries highlighted the need to continue debating issues dealing with revision and verification of finance, biannual updates and private sector contributions. The group agreed to present the draft to the rest of the countries for their consideration.

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