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2006/2007 Annual Report - International Institute for Sustainable ...

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What will the international climate regime look like after 2012 when the first commitment period<br />

of the Kyoto Protocol draws to a close? No one really knows. The one thing we do know is that<br />

progress is very slow—likely due to the disproportionate focus on reaching emissions<br />

reduction targets.<br />

The past year has seen climate change grab media headlines like never be<strong>for</strong>e. Never has the public been more engaged<br />

and concerned about the impacts of climate change: commentators are even speculating that we might be at a “tipping<br />

There’s more to solving climate change than reducing<br />

greenhouse gas emissions, writes John Drexhage.<br />

point” in attitudes towards the issue. A few years ago, people were concerned about the impacts of greenhouse gas<br />

reduction measures on economic development; today, those concerns have been supplanted by concerns about the<br />

impacts of climate change itself—not only on economic development, but on the well-being of the planet and its<br />

inhabitants. The February <strong>2007</strong> Stern <strong>Report</strong>, findings from the Intergovernmental Panel on Climate Change and Al<br />

Gore’s film, An Inconvenient Truth, have all worked to trans<strong>for</strong>m climate change from an “environmental” issue to an<br />

issue of real and significant economic and development consequences.<br />

That said, we are still far away from seeing real progress on the critical “post-2012” negotiations, particularly in the <strong>for</strong>mal<br />

confines of the United Nations Framework Convention on Climate Change and the Kyoto Protocol. And most of that is<br />

due to the highly divisive issue of reduction targets—how deep they should be and who should be taking them on. And<br />

that is also precisely where the media are focusing most of their attention. We run a real danger of facing failure in<br />

establishing an effective global climate regime as long as we assume that the solution only lies in another agreement among<br />

environment ministers to reduce emissions in sectors where most ministers actually enjoy little leverage or influence.<br />

By John Drexhage<br />

HOW TO BUILD A SUSTAINABLE CLIMATE REGIME<br />

Much more than setting targets<br />

iStockphoto<br />

8<br />

[IISDFEATURE]<br />

Kyoto’s major accomplishments were not so much in the area of targets—in fact, there are, as we all know, real<br />

problems with the established targets. Significant developed countries decided not to sign on, mostly as the result of<br />

the decision about two years prior to Kyoto to exclude all developing countries from any such commitments regime.<br />

Some targets were much too lenient, allowing <strong>for</strong> the very misunderstood issue of “Russian hot air” to raise its ugly<br />

head. And political maneuvering within the G8, rather than any credible economic modelling work, served as the<br />

basis <strong>for</strong> countries’ reduction targets.<br />

No, the real accomplishments of the Kyoto were threefold. First of all, it worked to galvanize actions at national and<br />

regional levels, regardless of whether countries had actual reduction commitments under the Kyoto Protocol. Second, it<br />

launched a global carbon market which, through fits and starts, will continue and strengthen its profile in the global<br />

economy (and has already garnered the attention of corporate boards around the world—particularly in investment circles). And finally, it<br />

established critical multilateral institutions and rules around the many complex aspects of climate change, including: registries <strong>for</strong> the accounting of<br />

greenhouse gas emissions; monitoring, reporting and validating international offsets; and elaborating on the Protocol’s legal character and <strong>for</strong>ce.<br />

But targets are on everyone’s mind and, as a result, it would probably be overly-positive to describe current progress on a post-2012 regime as glacial.<br />

It’s not that targets don’t need to be addressed in some <strong>for</strong>m or other—of course they do—but it appears that the fixation on them is affecting other<br />

areas just as critical to a successful and effective future response to global warming. As the almost weekly scientific reports of climate change impacts<br />

confirm, it is clear that a strong program of action on adaptation, particularly <strong>for</strong> Least Developed Countries, is required.<br />

I had the special privilege of visiting Mozambique in April and I won’t <strong>for</strong>get the feeling of visiting a country very much on the “front lines” of the<br />

real, current and impending climate change onslaught. Northern Mozambique suffers droughts, while its southern provinces are faced with surging

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