Copenhagen Accord Summary
Copenhagen Accord Summary
Copenhagen Accord
Copenhagen accord is an agreement that protecting environment. This agreement held at Copenhagen Denmark on December 2009. This agreement is continuation from Kyoto Protocol. Countries that joined Annex I which are industrialize countries attending this conference such as US, China, India, and Brazil. The aim from this conference is challenging those countries to deal with climate changes and they are must making best decision because that.
As we know Copenhagen accord is agreement dealing with climate changes. Those countries know change in climate is big problem today. They wanted reduced global warming and prevent heat increase more than 2 degree Celsius. They are deciding to help country get side effect of global warming. Those countries agree give high priority for country that has low emission development in economic and social area. Enhanced action and international cooperation on adaptation is urgently required to ensure the implementation of the Convention by enabling and supporting the implementation of adaptation actions aimed at reducing weakness and building flexibility in developing countries, especially in those that are particularly have bad effect from global warming, especially least developed countries. Those countries agree that developed countries shall provide enough, predictable and sustainable financial resources, technology and capacity-building to support the implementation of adaptation climate changes in developing countries.
The countries that join in Annex I are Party following the Kyoto Protocol. They will thereby further strengthen the emissions reductions initiated by the Kyoto Protocol. Least developed countries may undertake actions voluntarily and on the basis of support. Nationally appropriate improvement actions by seeking international support will be recorded in a registry along with relevant technology, finance and capacity building support. In year 2012 industrialized countries is ensuring the balanced allocation between adaptation and mitigation remain stable. Funding for adaptation will be prioritized for the most vulnerable developing countries, such as the least Asian countries and Africa countries. In the context of meaningful development actions and transparency on implementation, developed countries commit to a goal of mobilizing jointly USD 100 billion dollars a year by 2020 to address the needs of developing countries. In order to enhance action on development and transfer of technology we decide to establish a Technology Mechanism 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.
Why was it difficult to reach a legally binding treaty at the Copenhagen Climate Summit?
As noted above, the Copenhagen Accord is neither a perfect nor a final global climate treaty. It definitely falls short in the kind of wide-ranging, striving and legally-binding agreement. It is difficult to reach a legally binding treaty at the Copenhagen Climate Summit as there are still bad aspects on it. The lack in the long-term global emission reduction goal is one of the major difficulties as 50% reduction of emission will be in year 2050. Furthermore, lack of both individual and aggregate complete emission targets for developed countries for 2020 which lead to lack of relative emission reduction targets for developing countries for 2020, for example, deviation from BAU paths. The Copenhagen Climate Summit has not mention any of a timetable for closing a legally binding agreement, the absence of any situation to a global emissions peaking date, or a developed country peaking date which mean that there is no clear pathway for emissions has been agreed on.
As for businesses, all major countries have dedicated to introduce or strengthen their national climate plans and legislation, which is the key driver for business investment. However, it requires of details and missing elements in the Accord are not likely to provide the long-term assurance that many businesses had been on the lookout for from Copenhagen. The change from a top-down Kyoto-style draw near to a more bottom-up ‘pledge and review constitution also raises questions about the expansion of an international carbon market and indeed the Kyoto Protocol itself.
The failure in reaching the legal binding also blame between the developing and developed countries. The developing countries blame that by negotiating the Copenhagen Accord with only a select group of nations; most of the UN member states were excluded. If poorer nations did not agree on the Accord then they would be incapable to access the funds from richer nations to assists them in