Conquering the Phantom Menace: Solutions to Kyoto surplus

You are cordially invited to come to our COP18 side-event on the Kyoto Surplus.
Please forward to interested Parties.

Conquering the Phantom Menace: Solutions to the Kyoto surplus

Saturday 1 December 2012 20:15—21:45
UNFCCC COP18, Qatar Conference Center, Hall 5, Side Event Room 4

If current rules to the Kyoto Protocol are not changed, a gigantic surplus of pollution permits from the first Kyoto commitment period could be carried over to the second commitment period. This would undermine climate goals and stifle political progress. Resolving the surplus issue is vital to the viability of any future climate regime.

This event will feature the findings of a new study by Climate Analytics that shows the impact of the surplus on climate commitments. The G77 and the Swiss have tabled proposals to minimize the impact of the surplus. Both proposals will be presented and their impact illustrated. The subsequent discussion will focus on how to move beyond the current political and environmental impasse.

Program:

Introduction to the Kyoto surplus
Anja Kollmuss, Carbon Market Watch

Political implications of the long-term effect of surplus from the first and second Kyoto period
Marion Vieweg, Climate Analytics

The G-77 plus China Proposal
Andrew Marquard, Member of the South African Climate Delegation (TBC)

The Swiss Proposal
Member of the Swiss Delegation

Impacts of the surplus on the G-77 and the Swiss proposals
Johannes Gütschow, Potsdam Institute for Climate Impact Research (PIK)

Q&A and discussion

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This event is kindly hosted by the German NGO Forum on Environment and Development
For those who are not able to attend, presentations and backgrond material will be posted here

www.carbonmarketwatch.org

ENDS

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