PPT Slide
Negotiating stances (continued)
EIT
(Economies In Transition - Central/Eastern Europe, Russian Federation)
- tradable permits
- special treatment regarding baseline years
G77 / CHINA
(developing nations, including OPEC and AOSIS)
- range on reductions (OPEC no limits / compensation, AOSIS 20% reductions by 2005)
- no binding commitments
- technology transfer, and adaptation assistance from rich countries
- no joint implementation or tradable permits
Notes:
EIT - differing baseline years other than 1990 for reducing emission to, due to economic changes as a result of their transition to a market economy from a centrally planned economy
Stands to gain considerably from an emissions trading regime.
OPEC - Organization of Petroleum Exporting Countries (stand to lose if demand for oil goes down - wants to be compensated for loss)
AOSIS - Alliance of Small Island States (to be swamped by sea level rise)
economic and social development is still #1 priority of developing countries - they want developed countries to start doing something about climate change, since they started it (only 15% of emissions was from developing countries in 1996), before they begin to discuss their own commitments.
developing countries see ‘flexible measures’ as a way of circumventing the spirit of the agreement by transfering the responsibility for combating climate change to them - the developed world will just buy its reductions from the less developed nations and not really change its own ways.