Climate Change and Trade on the Road to Copenhagen |
Tuesday, July 21, 2009 |
The Bali Road Map adopted at the Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) in December 2008 in Bali, Indonesia, launched a process of negotiations on global co-operative action on climate change up to, and beyond, 2012. The Bali map set forth a roadmap for such negotiations, with a view to concluding them by the 15th Conference of the Parties to be held in 2009, in Copenhagen. Climate Change and Trade on the Road to Copenhagen Negotiations towards Copenhagen must result in global consensus on fi ve elements of the Bali map: i) a shared vision for long-term co-operative action, including a long-term global goal for emissions reductions, ii) enhanced national/international action on climate change mitigation, iii) enhanced action on adaptation to climate change, iv) enhanced action on technology development and transfer to support action on mitigation and adaptation, v) enhanced action on the provision of fi nancial resources and investment to support action on mitigation and adaptation, and technology co-operation. |