Copenhagen’s agenda reduced to a nutshell: :
- Targets, Timetables and Actions:
2020 greenhouse gas reductions for developed countries at 25-40% cuts based on 1990 levels and 80% by 2050. Developing countries agree to reduce deforestation, limit emissions and select sustainable futures. - Funding Climate Action:
A ‘climate finance mechanism’ with $10-$15 billion ‘fast start’ in 2010 to 2012 as well as longer term adaptation and mitigation – including forestry and technology support. - Common Standards:
Common methods to track emissions, to account for, and report on emission reduction. - Peer Review:
Countries to measure, report and verify. - Global Climate Agreement:
Set up a legally binding 2012 agreement, built on these foundations.
That’s it.