Cancun Climate Summit: Building on the Foundations Policy Brief

Nov 25, 2010 - 12:00am

The Cancun climate summit is an opportunity for the international community to reach agreement on a balanced package of issues, which could provide the foundations for a new treaty by building upon the foundational political agreement made last year in Copenhagen. The objective will be to formally adopt decisions on the following six issues:

  • Finance: financial mechanisms for reducing economic dependence on pollution and managing climate change impacts for the most vulnerable and poorest nations.
  • Pollution reductions: Capturing and reviewing the targets countries have set.
  • Transparency: Monitoring, reporting and verification and international assessments of country actions.
  • REDD: Reducing emissions from the destruction of the world’s tropical forests.
  • Adaptation: Reducing climate risks and adapting to the unavoidable impacts of climate change.
  • Technology: Technology development cooperation between nations.

Reaching agreement on these issues will help to foster trust and goodwill amongst the parties, and will help to increase international climate policy ambition.

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