Quick Stop on Cancun COP- December 3
Katherine Hamilton on December 4, 2010 Comment
LULUCF
On Friday a "non- paper" was released with two different options for dealing with baseline accounting in Annex 1 countries. According the ISSD, parties also hashed out the definition of wetlands with some preferring a more narrow definition. A new text is predicted to be released on Saturday. REDD+ Negotiators under the Ad Hoc Working Group for Long-term Cooperative Action (AWG-LCA) met to discuss REDD+ provisions this afternoon for two hours. Inside reports suggest the talks are still on track to produce a REDD+ mechanism by the end of the Climate Conference. A consensus emerged within the brief meeting to utilize the "Chair's Text" for continuing negotiations, abandoning for the most part the revisions introduced in the original "Negotiating Text" prepared coming into this meeting. This choice reflects a move away from the proposals added by Bolivia and Saudi Arabia from the last AWG-LCA meeting in Tianjin. Saudi Arabia has generally opposed the creation of a new mechanism for REDD, and Bolivia has insisted that no offsets be generated from REDD activities and that carbon markets also not be an eligible source for REDD funding. In addition, Bolivia continues to assert a strong voice for affirming the rights of indigenous peoples under any REDD mechanism. A new revision of the AWG-LCA text is expected to emerge Saturday morning (Dec 4, 2010). For more information check out: REDD Negotiations Still on Track for Decision in Cancun The Grab Bag
REDD+ enthusiasts gathered at an off- site event, Amazon Evening, hosted by Fundação Amazonas Sustentável. The goal of the evening was to focus on REDD as a tool for conserving the Amazon and more specifically bottlenecks in public financing and market-based funding mechanisms or forest conservation. Highlights included the launch of the Surui Fund .
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