Thinking About the Role of Developing Countries
Stock (historical) contributions are still low
Per capita emissions are low
Less financial and technical capacity
Annual GHG emissions are increasing
Many key developing countries are already acting
Clean Development Mechanism
Think long terms about what’s needed by all countries
Notes:
Here is what we know: SLIDE
These last two are important. First, as mentioned, we already have an instrument of developing country participation under the treaty. While most developing countries were originally skeptical of this mechanism, the tide is turning….
Second, the current framework for formal commitments (which the US is pressing, and the Senate demanding) is not designed to accommodate the circumstances of developing countries. NEXT...