26 October 2015, Climate Institute, Over the weekend the last round of negotiations on the Paris climate change agreements concluded. The current draft agreement and supporting decisions is available here. Beyond the drama and theatrics of the Bonn meeting, countries left with draft agreements that can form the basis of a credible outcome in Paris. Embedded in the draft are the core elements of an outcome in Paris that reinforce the signal to business that the era of unabated fossil fuel use is at an end. However, progress on the substance of the agreements was mixed and clear political direction from ministers to officials is needed to pick up the pace in the final sprint to Paris. Brinkmanship and negotiation tactics will not deliver in Paris, but political leadership can. This highlights the importance of upcoming political meetings between leaders at the G20, APEC and CHOGM, and the pre-COP ministerial meeting in early November. On the specifics of the current draft, against The Climate Institute’s benchmarks for success in Paris: Read More here
22 October 2015, BBC News, Bonn climate talks: Questions over cash dominate. Negotiators meeting in Germany say that questions over cash are the biggest barrier to a new global climate deal. The Bonn talks are the last chance for delegates to clarify their positions before the Paris conference that aims to seal a new binding treaty. Developing country delegates said clear guarantees on finance must be a core part of that compact. Officials said that finance was likely to be the very last issue to be resolved before a deal is struck. Money has always been at the root of difficulties in solving the climate issue. Developing countries point out that while they had done least to create the problems associated with more carbon in the atmosphere, they were the ones already feeling the greater impacts of a warming world. Howls of protest They have long sought significant flows of finance to help them curb their emissions and to cope with the storms and droughts expected to be more common in a changing climate. In Copenhagen in 2009, as countries tried to put together a comprehensive agreement, the richer nations promised to provide $100bn a year in climate finance from 2020. That deal ultimately failed, but countries are hoping to conclude a more ambitious agreement in Paris in December. Read More here