Apr 30, 2010 - 4:30pm
This discussion paper examines the outcomes of the Copenhagen climate summit in December last year and more importantly explores the broader trends in climate policy globally. While it is premature to make single track recommendations on global policy frameworks, the paper explores how, in the aftermath of the Copenhagen summit, a new multilateralism could help avoid dangerous climate change.
The Copenhagen climate summit may not have achieved all of the political and policy objectives that had been hoped. But action outside of the negotiations continued apace, particularly in developing countries. Since October 2009, more than 150 new policy announcements have been made globally. On the back of clean energy measures in national stimulus packages, global investment in clean energy is projected to reach US$200 billion in 2010.