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Category Archives: Finance

COP15 coming to a close…

As the negotiations are coming to a close, a select number of world leaders are struggling to come to an agreement. Here is a smattering of recent press: World leaders come together to continue meeting The world’s leaders have come together once again to move the climate negotiations forward, after having gathered in smaller groups […]

Powerful Statements from the Plenary

I am not one of the three in our group in the plenary today, but I have been watching the live streaming for the past 4 hours.  Various heads of states are now giving their 5-10 minutes statements.  I just listened to the Prime Minister of Mali, Modibo Sidibe and the President of Venezuela, Hugo Chavez.  […]

Negotiations Breakdown?

The morning started out with a flurry of activity. After some discussion about the logo and how certain parties felt it represented the end of Kyoto, the COP plenary commenced with the Tuvalu delegation proposing a contact group to review its protocol, which was proposed and tabled six months ago. As proposed, the Tuvalu protocol is a legally binding agreement meant to complement Kyoto through amendments, as well as the creation of a new protocol entitled the Copenhagen Protocol. In no uncertain terms, Tuvalu stated it was here to “seal the deal” and wanted nothing less than a legally binding document.

Most Vulnerable Nations Call for Financing Reforms

After a somewhat sleepy day yesterday, the discussions at COP15 are picking up in passion and intensity.  In this morning’s Plenary I (a meeting of the Subsidiary Body for Implementation or SBI), one of the main topics was the status of the Global Environment Facility, i.e., one of the most important mechanisms for financing climate-related projects […]