What Next -- Climate Watch

Bonn III loopholes assessment

A major focus of the 'Bonn III' UNFCCC negotiations 2-6 August was the huge loopholes for the rich (Annex 1) countries. Conservative assessments by e.g. the Stockholm Environment Institute show that current rules (loopholes) in combination with the inadequate pledges for emissions reductions could allow the rich countries to INCREASE their emissions by 9% by 2020. There is an urgent need to quickly agree on closing these loopholes in order to achieve real, radical reductions and prevent further erosion of trust between rich and developing countries.

Here is an overview assessment, 'Closing the Credibility Gap', of the problems with loopholes.

Below are complimentary, more detailed documentation on the loopholes issue (Official contributions to in-session workshop on emissions reductions to be achieved by Annex 1 parties):

Addressing the credibility gap: A principled approach to setting Annex 1 aggregate reductions and closing loopholes in the Kyoto Protocol, by Lim Li Lin, Third World Network.

Addressing the current level of pledges and scale of emission reductions by Annex 1 Parties in aggregate. Powerpoint presentation by Sivan Kartha, Stockholm Enviornment Institute.

Integrity Gap: Copenhagen pledges and loopholes. By Simon Terry, Sustianability Council, New Zealand.
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