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Copenhagen Accord

378 bytes added, 02:20, 20 December 2009
Add final text
==Accord text==
'''Draft decision -/CP.15'''
The Heads of State, Heads of Government, Ministers, and other heads of delegation present at '''Proposal by the United Nations Climate Change Conference 2009 in Copenhagen,President'''
In pursuit of the ultimate objective of the Convention as stated in its Article 2,'''Copenhagen Accord'''
Being guided by the principles '''The Heads of State, Heads of Government, Ministers, and provisions other heads of delegation present at the ConventionUnited Nations Climate Change Conference 2009 in Copenhagen,'''
Noting ''In pursuit'' of the results ultimate objective of work done by the two Ad hoc Working GroupsConvention as stated in its Article 2,
''Being guided'' by the principles and provisions of the Convention, ''Noting the results'' of work done by the two Ad hoc Working Groups, ''Endorsing decision '' x/CP.l5 that extends the mandate of 15 on the Ad hoc Working Group on Long-term cooperative action Cooperative Action and decision x/CMP.5 that requests the Ad hoc Working Group on Further Commitments of Annex I Parties under the Kyoto Protocol to continue its work,
Have agreed on this Copenhagen Accord which is operational immediately.
1. We underline that climate change is one of the greatest challenges of our time. We emphasise our strong political will to urgently combat climate change in accordance with the principle of common but differentiated responsibilities and respective capabilities. To achieve the ultimate objective of the Convention to stabilize greenhouse gas concentration in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system, we shall, recognizing the scientific view that the increase in global temperature should be below 2 degreesCelsius, on the basis of equity and in the context of sustainable development, enhance our long-term cooperative action to combat climate change. We recognize the critical impacts of climate change and the potential impacts of response measures on countries particularly vulnerable to its adverse effects and stress the need to establish a comprehensive adaptation programme including international support.
2. We agree that deep cuts in global emissions are required according to science, and as documented by the IPCC Fourth Assessment Report with a view to reduce global emissions by 50 per cent so as to hold the increase in 2050 global temperature below 1990 levels2 degrees Celsius,taking into account and take action to meet this objective consistent with science and on the right to equitable access to atmospheric spacebasis of equity. We should cooperate in achieving the peaking of global and national emissions as soon as possible, recognizing that the time frame for peaking will be longer in developing countries and bearing in mind that social and economic development and poverty eradication are the first and overriding priorities of developing countries and that a low-emission development strategy is indispensable to sustainable development.
3. Adaptation to the adverse effects of climate change and the potential impacts of response measures is a challenge faced by all countries. Enhanced action and international cooperation on adaptation is urgently required to enstue ensure the implementation of the Convention by enabling and supporting the implementation of adaptation actions aimed at reducing vulnerability and building resilience in developing countries, especially in those that are particularly vulnerable, especially least developed countries, small island developing States and tiuther taking into account the need of countries in Africa affected by drought, desertification and floods. We agree that developed countries shall provide adequate, predictable and sustainable financial resources, technology and capacity-building to support the implementation of adaptation action in developing countries.
4. Annex I Parties to the Convention commit to reducing their emissions individually or jointly by at least 80 per cent by 2050. They also commit to implement individually or jointly the quantified economy-wide economywide emissions targets for 2020 as listed in appendix l, yielding to be submitted in aggregate reductions of greenhouse gas emissions of X per cent the format given in 2020 compared Appendix I by Annex I Parties to 1990 and Y per cent the secretariat by 31 January 2010 for compilation in 2020 compared to 2005an INF document. Annex I Parties that are Party to the Kyoto Protocol will thereby further strengthen the emissions reductions initiated by the Kyoto Protocol. Delivery of reductions and financing by developed countries will be measured, reported and verified in accordance with existing and any further guidelines adopted by the Conference of the Parties, and will ensure that accounting of such targets and finance is rigorous, robust and transparent.
5. Non-Annex I Parties to the Convention will implement mitigation actions,including those listed to be submitted to the secretariat by non-Annex I Parties in appendix the format given in Appendix IIby 31 January 2010, for compilation in an INF document, consistent with Article 4.1 and Article 4.7 and in the context of sustainable development. Least developed countries and small island developing States may undertake actions voluntarily and on the basis of support. Mitigation actions subsequently taken and envisaged by Non -Annex I Parties , including national inventory reports, shall be communicated through national communications consistent with Article l212.1(b) every two years on the basis of guidelines to be adopted by the Conference of the Parties. Those mitigation actions in national communications or othenavise otherwise communicated to the Secretariat will be added to the list in appendix II. Mitigation actions taken by Non -Annex I Parties will be subject to their domestic measurement, reporting and verification the result of which will be reported through their national communications every two years. Non Amiex -Annex I Parties will provide biennial national inventory reports in accordance with revised guidelines adopted by communicate information on the Conference implementation of the Parties. [Consideration to be inserted US their actions through National Communications, with provisions for international consultations and Chinalanalysis under clearly defined guidelines that will ensure that national sovereignty is respected. Nationally appropriate mitigation actions seeking international support will be recorded in a registry along with relevant technology, finance and capacity building support. Those actions supported will be added to the list in appendix II. These supported nationally appropriate mitigation actions will be subject to intemational international measurement, reporting and verification in accordance with guidelines adopted by the Conference ofthe of the Parties.
6. We recognize the crucial role of reducing emission irom from deforestation and forest degradation and the need to enhance removals of greenhouse gas emission by forests and agree on the need to provide positive incentives to such actions through the immediate establishment of a mechanism including REDD-plus, to enable the mobilization of financial resources from developed countries.
7. We decide to pursue various approaches, including opportunities to use markets, to enhance the cost-effectiveness of; , and to promote mitigation actions. Developing countries, especially those with low emitting economies should be provided incentives to continue to develop on a low emission pathway.
8. Scaled up, new and additional, predictable and adequate fimding funding as well as improved access shall be provided to developing countries, in accordance with the relevant provisions of the Convention, to enable and support enhanced action on mitigation, including substantial finance to prevent reduce emissions from deforestation and forest degradation (REDD-plus), adaptation, teclmology technology development and transfer and capacity-building, for enhanced implementation of the Convention. The collective commitment by developed countries is to provide new and additional resources amounting to , including forestry and investments through international institutions, approaching USD 30 billion dollars for the period 2010 - to 2012 as listed in appendix lll with balanced allocation between adaptation and mitigation, including forestry. Funding for adaptation will be prioritized for the most vulnerable developing countries, such as the least developed countries, small island developing states States and countries in Africa affected by drought, desertification and floods. In the context of meaningful mitigation actions and transparency on implementation, developed countries support commit to a goal of mobilizing jointly USD 100 billion dollars a year by 2020 to address the needs of developing countries. This funding will come from a wide variety of sources, public and private, bilateral and multilateral, including altemative alternative sources of finance. New multilateral funding for adaptation will be delivered through effective and efficient fund arrangements, with a governance structure providing for equal representation of developed and developing countries. A significant portion of such funding should flow through the Copenhagen Green Climate Fund.
9. To this end, a High Level Panel will be established under the guidance of and accountable to the Conference of the Parties to assess study the contribution of the potential sources of revenue, including alternative sources of finance, towards meeting this goal.
10. We decide that the Copenhagen Green Climate Fund shall be established as an operating entity of the financial mechanism of the Convention to support projects, programmesprogramme, policies and other activities in developing cotmtries countries related to mitigation including REDD-plus, adaptation, capacity- buildingcapacitybuilding, technology development and transfer as set forth in decision -/CP.l 5.
ll11. In order to enhance action on development and transfer of technology we decide to establish a Technology Mechanism as set forth in decision -/CP.l5 to accelerate technology development and transfer in support of action on adaptation and mitigation that will be guided by a country-driven approach and be based on national circumstances and priorities.
12. We call for a review an assessment of the implementation of this Accord and its implementation to be completed by 20162015, including in light of the Convention’s Convention’s ultimate objective. This review would include consideration of strengthening the long-tenn term goal to limit referencing various matters presented by the increase science, including in global average relation to temperature to rises of 1.5 degreesCelsius.
''End of Accord''
==List of countries that supported the Copenhagen Accord==

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