Fairplay in Climate Protection
The Global Contract on Climate Change should embrace four major components: a global carbon market, technology, action for reducing deforestation, and adaptation.
In view of a post-2012 agreement, a new international climate policy architecture is needed. In addition to a Copenhagen agreement in 2009, a set of additional harmonised international treaties may be required to establish a comprehensive framework. The challenge is to considerably reduce greenhouse gas emissions in a way that supports the economic development of both developing and industrialised countries.
The policy paper addresses this problem by proposing four key elements of a Global Contract, by which regional efforts on climate protection would be coordinated: setup of a global carbon market, fostering of development of low carbon technologies, mechanisms for reducing deforestation, and measures for adaptation to unavoidable climate change. In the context of the scientific knowledge on the costs of mitigating emissions and the impacts of global warming, especially of activating so called tipping points in the earth‘s system, ways to implement these mechanisms are discussed, as well as potential conflicts and barriers. Aspects of climate equity are especially considered.
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More information:
Website of Global Contract Conference
URL: http://www.global-contract.eu/
PIK study of the Future of International Emissions Trading
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