COP21 - A Crucial Pathway Towards Attaining a New Universal Climate Agreement

COP21 - A Crucial Pathway Towards Attaining a New Universal Climate Agreement

Code: GDAE0244VPT | Published: Dec-2015 | Pages: 9 | GlobalData
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The first commitment under the Kyoto Protocol, which came into force in 2005, was a breakthrough in the international negotiations on climate change. It aimed to decrease GHG emissions by 5% from 1990 levels during the 2008-2012 period. COP15, held in Copenhagen in December 2009, was unsuccessful in setting up an agreement to substitute for the Kyoto Protocol, which was subsequently extended to 2020 at the Doha Conference of the same year. The second commitment aimed to decrease GHG emissions by around 18% from 1990 levels during the 2013-2020 period (UNFCCC, 2015a). However, China, which stands first in terms of global Carbon Dioxide (CO2) emissions, has no obligations under this protocol. The Warsaw Climate Change Conference and the Lima Climate Change Conference, held in 2013 and 2014 respectively, led to crucial advances towards COP21 (UN COP, 2015).

Ahead of COP21, the United Nations Development Programme (UNDP) has offered its support to countries to come up with their corresponding climate targets and actions - referred to as Intended Nationally Determined Contributions (INDC) - which will serve as a critical component of the COP21 process. After the conference, UNDP, along with its partners, will continue executing actions to attain success against the set INDC targets. It will also provide support for the promotion of clean and renewable energy sources, emphasis on forestry and avoiding deforestation, and expand investments in climate change adoption.

Scope

- The report covers an overview of INDC submissions and efforts undertaken by major countries to combat global climatic conditions ahead of the COP21 and challenges likely to be witnessed at the conference

Reasons to buy

- To gain insight on the INDC submissions by the EU and countries such as Japan, China, India, and the US ahead of the COP21 discussions
- To understand efforts undertaken by countries to combat global climatic conditions and key happenings ahead of the Paris talks
- Comprehend the key challenges likely to be encountered ahead of the conference

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