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Carmen Bunzl - Universidad Pontificia Comillas

Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 1. Introduction 34<br />

On adaptation, the COP addressed a range of issues, such as international<br />

cooperation to support urgent implementation of various adaptation actions.<br />

Developing countries are particularly vulnerable to the adverse effects of<br />

climate change.<br />

On technology development and transfer, the COP decided to consider<br />

mechanisms to remove obstacles and provide incentives to accelerate the<br />

transfer of environmental technologies to developing countries and support<br />

cooperation on research and development. Agreement on the final details is<br />

complicated; it may only be reached when an agreement on future<br />

commitments is made.<br />

Regarding financing, the COP decided to consider improved access to<br />

financial resources and support, and the provision of new and additional<br />

resources, including official and concessional funding; also positive incentives<br />

and innovative means of funding, as well as mobilization of public and private<br />

sector funding and investment, and support for capacity building.<br />

Bringing together adaptation and finance, the most significant outcome was<br />

the establishment of the Adaptation Fund to finance adaptation in developing<br />

countries.<br />

6.2 Comments<br />

The Bali roadmap aims to mend some faults in the process of building the<br />

architecture of the climate change regime, with the most relevant being the<br />

refusal of the United States to ratify the Kyoto Protocol. Its main cause, the<br />

tension created between developed and developing countries; among other<br />

thing, the US wants developing countries to contribute to the mitigation of<br />

climate change. In addition, there is a lack of confidence in the effective<br />

implementation of existing commitments.<br />

COP 13 and COP/MOP 3 succeeded in creating a framework for<br />

negotiations for the post-2012 climate regime. It may not be what the EU was<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

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