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Expert View
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COP16 is not expected to yield a binding international accord, but there will be negotiations to build a legislative framework. The US will play an important role, yet it is already in a weak position following its failure to pass national climate policy, and it must first reassure the world that it is committed to addressing climate change and is serious about reducing its own carbon emissions.
Published By Datamonitor
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29 Nov 2010 |
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Expert View
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In the coming weeks, the global media will focus on trying to determine whether the US and China might find sufficient common ground at COP16 for some semblance of a deal to emerge. Although this is in no way a futile endeavor (after all, the US and China are the world's two largest polluters and energy users) Datamonitor believes the business community could yield equally interesting results.
Published By Datamonitor
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29 Nov 2010 |
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Expert View
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It's COP time again, and the world will resume its yearly chant about the need to address climate change. The baby steps taken in Copenhagen at the COP15 will be the focus of attention as most developed nations push to make these into more binding agreements. There will therefore be a lot of interest in the four BASIC countries - Brazil, South Africa, India, and China - and what they come up with.
Published By Datamonitor
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29 Nov 2010 |
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Expert View
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The COP16 climate change summit in Cancun is unlikely to bring any festive cheer to smart energy technology vendors. However, the expected lack of outcome in terms of a binding international agreement will do little to affect the movements of individual governments in setting energy-efficiency policies that will drive the adoption of smart technology.
Published By Datamonitor
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29 Nov 2010 |
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Expert View
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COP16 will be attended by leaders of some of the world's largest companies, where they will highlight the importance of partnering public policy and funding with the private sector. This year's summit will endeavor to bring to light the central role that the business community must play in helping to deliver the world's climate change ambitions.
Published By Datamonitor
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30 Nov 2010 |
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CommentWire
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Backed by 137 institutional investors representing $16 trillion in assets, the Carbon Disclosure Project (CDP) has launched a new program designed to assess the risks and opportunities associated with the water consumption of the world's 500 largest companies. As 90% of global freshwater is used for food and energy production, utilities need to proactively manage water as a core asset.
Published By Datamonitor
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30 Nov 2010 |
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Expert View
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On the third day of the COP16 conference in Cancun, two key issues were raised about the future of the Kyoto Protocol and the need for greater scientific development. The latter is a given, even if how to fund those developments remains a sticking point. The future of Kyoto, however, will be a major issue, with implications for global cleantech investment and abatement levels.
Published By Datamonitor
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03 Dec 2010 |
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Expert View
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Japan's statement that it will continue to oppose any extension to the Kyoto Protocol beyond its current expiry in 2012 has caused controversy on day four of the COP16 conference in Cancun. Nevertheless, Japan and other signatories such as the EU must be bold in pushing for a new agreement which reflects the new reality, rather than allowing negotiations to remain focused on the past.
Published By Datamonitor
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03 Dec 2010 |
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Expert View
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As yet, COP16 has managed to steer clear of any high profile fallouts. However, as the conference progresses, members are keen to avoid a repeat of COP15's unremarkable outcome. As the first day of the second week of climate change talks drew to a close in Cancun, one word was emerging as pivotal to the chances of reaching a comprehensive global agreement: balance.
Published By Datamonitor
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07 Dec 2010 |
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Expert View
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As everyone expected, the first week of COP16 ended in an acrimonious stand-off between developed and developing nations. However, the closing session of the Subsidiary Body for Scientific and Technological Advice provided material with which the COP16 spin doctors can create a silver lining from what was a tempestuous end to the first week.
Published By Datamonitor
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07 Dec 2010 |
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