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Climate Change Policy: Recommendations to Reach Consensus
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  • Alternative Title:
    Recommendations from the 2009 Brookings Blum Roundtable
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  • Abstract:
    To craft a post-2012 climate change agreement, four key sticking points will need to be addressed in advance of the COP15. First, a number of hurdles must be overcome to put in place global abatement targets for the near- and mid-term—and critically, to establish what countries are willing to do individually to achieve these goals. Next, a more comprehensive carbon market is needed to deliver cost-effective emissions reductions on a global scale and to engage developing nations (which are set to account for the majority of future emissions) in the process. Third, shifting away from high- to low-carbon technologies will require that clean technologies become cost-competitive brought to sustainable scale, and effectively deployed. Finally, determining burden-sharing for adaptation finance, how revenues are raised, and how funds are governed will be a fourth sticking point for a global deal. Success in Copenhagen will depend on forging broadly acceptable approaches globally in the crucial months ahead with imagination and flexibility, as well as demonstrating substantial political will in the domestic political arenas.

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