Carmen Bunzl - Universidad Pontificia Comillas

Chapter 1. Introduction 29
These meetings resulted in the adoption of 15 COP decisions and 13
COP/MOP decisions. The main focus in Bali, however, was on long-term
cooperation and the post-2012 period, when the Kyoto Protocol’s first
commitment period expires.
6.1 Key takeaways
The following issues were discussed:
6.1.1 Fourth Assessment Report of Intergovernmental Panel on Climate Change
In the opening, some countries proposed requesting IPCC to prepare an
updated report by mid-2009 in order to inform COP 15; others called for more
research on lower stabilization scenarios and the need for local and regional
modeling.
The COP recognized AR4 as the most authoritative assessment of climate
change. It also urged the parties to make use of the information contained in
this document, both during negotiations and the shaping of climate policies.
COP13 decision on the Fourth Assessment Report of the Intergovernmental Panel on Climate
6.1.2 Adaptation fund
Change: http://eel.nl/documents/bali/cp_IPPCfour.pdf
The adaptation fund, managed by the Global Environment Facility (GEF),
was established in Kyoto in 1997, but had been criticized for being too difficult
to access and for raising insignificant sums of money. Its role is to support
projects on adaptation in developing countries; to help protect those most
vulnerable to the adverse impacts of climate change.
Under the agreement reached in the Conference, developing countries and
other institutions will have direct access to the fund. The fund will be composed
of sixteen members, representatives of both rich and poor countries. Initially
administered by the GEF, the World Bank is to act as its trustee. Funding will
Escuela Técnica Superior de Ingeniería ICAI Carmen Bunzl Boulet Junio 2008