The first international climate talks of 2014 will be held March 10-14 in Bonn during which the U.S. and the European Union may clash over key issues, including the length of a future treaty and how to monitor, report and verify greenhouse gas emissions.
The talks, under the UN Framework Convention on Climate Change, are intended to build on progress toward reaching a new global agreement in 2015 that would go into force in 2020. To that end, countries have been submitting "official priorities" with key elements they think should be in the 2015 treaty.
As detailed in a March 3 "Energy and Climate Report" article, the EU's submission clearly states the 2015 treaty should be written to “endure well beyond 2020” and should seek to achieve the objective of keeping overall global warming to less than 2 degrees Celsius compared to pre-industrial levels by the end of the century."
The EU submission also calls for “robust rules on MRV and accounting” (language for “monitoring, reporting and verifying” greenhouse gas inventories), something the U.S. and large developing countries like China and India oppose.
In contrast, the U.S. submission lays out priorities in broad strokes, calling for each country to state goals to reduce emissions, with regular progress reports, but no overall target. Also, the U.S. submission allows for countries to report progress on reducing greenhouse gas emissions without the requirement for outside monitoring or verification.
Senate to Pull an All-Night Session on Climate Change
For more information on subscribing to "Energy and Climate Report" or to try it for free, click here.
To sign up for email highlights, click here.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)