Category Archives: Mexico

California-Mexico partnership on climate change: promise, possibility, and a whole lot of work to do

California Governor Jerry Brown and Mexican officials pose after signing climate pact. (Credit: Danae Azuara)

California Governor Jerry Brown and Mexican officials pose after signing climate pact. (Credit: Danae Azuara)

When California Governor Jerry Brown kicked off a three-day trade and investment mission to Mexico last week, he didn’t do it by meeting with the minister of finance (though that did come later in the trip).

Instead, Governor Brown presided over a marquee event where he signed a Memorandum of Understanding (MOU) with Mexico’s federal Ministry of Environment and Natural Resources to cooperate on combating climate change – a key priority that complements a broader joint economic agenda very well.

The Governor, staff, high-level administration officials, and legislators on the California delegation had a packed agenda that covered not only climate change, but also trade, investment, education, energy and immigration.

As a participant in the large delegation, I attended official events focused on energy and climate that were both substantive and informative. Both sides spoke thoughtfully and enthusiastically about implementation of the MOU.

But it was the meetings we had after the delegation had departed that gave me additional insight – and hope – that this agreement can truly signal the beginning of a new chapter in Mexico and California’s history, and one with global significance.

Still, it is fair to ask: In a world where MOUs are plentiful but action often seems in short supply, why is this agreement actually, as my colleague Nat Keohane argues, a sign that momentum is growing on climate action? I provide here some perspective on what we know about California’s and Mexico’s past and potential future paths on climate change.

Climate change optimism in Mexico

Mexico is currently the world’s 13th largest economy, though it’s projected to grow to the 5th largest by 2050. The country boasts a stable currency, saw modest growth in the middle class over the last decade, and is California’s biggest export market. Mexico’s foreign minister, José Antonio Meade Kuribreña, had no shortage of such statistics at hand when he explained to a group of business delegates in Sacramento why Mexico is such a good place to invest and build partnerships.

But Mexico is also a good place to invest in working to combat climate change. The current president, Enrique Peña Nieto, has inherited a legacy on climate change leadership, through high-profile international emissions-reduction targets and a sweeping domestic climate change law that passed just before he took office. It is also a country poised for big changes, in no small part because its congress just approved a national energy reform, with potentially enormous implications for its energy future and emissions trajectory.

Regardless of whether Mexico’s climate change law passed on Peña Nieto’s watch, it is his to interpret, to implement, and potentially to capitalize on immensely. Ratcheting down Mexico’s national emissions toward the 2020 target of 30% below business as usual can be achieved by implementing smart energy and economic development policy that also drives the growth of a sustainable, low-carbon economy. There is enormous opportunity in Mexico to achieve significant, economy-wide emissions reductions (many at low cost) to meet the country’s ambitious mitigation goals and to stimulate green investment and economic growth, particularly in the energy sector.

California-Mexico climate partnership opportunities on display

Given that opportunity, EDF staff met last week in Mexico City with policymakers, NGOs, think tanks and other experts to understand how this MOU could help propel Mexico and California forward, and serve as an important impetus for even broader ambitious action.

What we heard repeatedly, especially from those close to the California-Mexico climate agreement, was optimism and a multitude of perspectives on ripe opportunities to work together.

The MOU itself outlines cooperative work on policy and technical tools, such as putting a price on carbon (the price being a key ingredient to drive investment in low-carbon technologies and increased efficiency); potential harmonization of measurement, monitoring, and tracking of greenhouse gas emissions; and promoting the development of renewable energy (an area where California has enormous expertise and Mexico a huge untapped potential).

California’s bet on win-wins for the environment and the economy is paying dividends, with a state economy back on track after weathering a recession and implementing the second largest cap-and-trade program in the world. And California sees the lion’s share of green investments in the country, with green job growth outpacing all other sectors ten-fold.

Mexico has the opportunity to strengthen its investment in a green economy and benefit the health of its citizens and the planet, while showing itself as a shining example of global vision and leadership. And in California, it has found the ideal partner to help make it happen.

Could the energy on both sides fizzle? Could Mexico’s President decide to walk away from Mexico’s climate leadership?

Sure, it’s possible – but it’s hard to make a case for doing so. The very same strategies reduce emissions – improvements in technology, efficiency, increasing green investment, and making smart decisions on fuels, transportation, and infrastructure – also provide short- and long-term economic gains for Mexico, and ultimately, could do so for the entire region.

Governor Brown spoke passionately last week about the reality and the urgency of climate change, and both governments reflected a sincere desire to do something real to make a difference together. For my part, I was convinced – now it’s time to get down to work.

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3 takeaways from the California, Mexico climate agreement

California Governor Jerry Brown and Mexican officials signing climate agreement. in Mexico City

California Governor Jerry Brown and Mexican officials sign climate pact. (Photo credit: Danae Azuara)

This post originally appeared on EDF Voices on July 30

If you are looking for a sign that momentum is growing on climate action, this week’s groundbreaking agreement between California and Mexico to cooperate on climate change is a good place to start.

Most of the agenda at the four-day gubernatorial event was what you would expect to find at a trade and investment mission: agreements to cooperate on education, immigration, investment, but the inclusion of serious talks on climate change was surprising and hopeful.

The most tangible impact of the collaboration will be seen in the technical cooperation, information sharing, and potential policy alignment that are envisioned in the climate change agreement. But this week’s pact also suggests three less tangible but no less important takeaways:

1. Combatting climate change is sound economic policy

The fact that the climate change agreement was one of a handful of issues highlighted on California Governor Jerry Brown’s trip underscores the increasing importance of climate change to economic growth.  The impacts of climate change in California and the United States are becoming increasingly apparent, and Mexico faces similar issues of rising temperatures, increasing wildfires, and extreme precipitation.

With the growing evidence that climate risk will bring significant economic costs in the near term, and that delay will drive up the costs of taking action, smart climate policy is increasingly a key component of sound economic policy.

At the same time, the agreement also highlights the enormous opportunities for smart policy to drive clean energy innovation and investment on both sides of the border.  California’s leadership on climate change has already helped to make it a world leader in clean technologies. For its part, Mexico is poised to tap its enormous potential in solar, wind, and geothermal energy to help drive economic growth and energy security.

2. Carbon pricing continues to gain traction

The Memorandum of Understanding (MOU), signed on Monday by Governor Brown and Rodolfo Lacy, Undersecretary of Mexico’s Ministry of Environment and Natural Resources, highlights carbon pricing as one of the key issues for cooperation under the agreement.

Both sides are already taking action in this area: California’s Global Warming Solutions Act of 2006 (AB32) includes the world’s most comprehensive emission trading program for greenhouse gases, while Mexico has instituted a partial carbon tax on fossil fuels that represents an important initial step that could lay the groundwork for a more effective price on carbon in the coming years.

A price on carbon is a crucial policy tool to achieve the deep emissions reductions the world needs to avoid dangerous climate change. By ensuring that the true costs of climate pollution are reflected in the price of fossil fuels, and rewarding emissions reductions, carbon pricing ensures deployment of cost-effective climate solutions — and creates a powerful incentive to develop new technologies.

The agreement by California and Mexico adds another boost to the growing momentum on carbon pricing around the world. About 40 national and more than 20 sub-national jurisdictions, accounting for more than 22 percent emissions already have a price on carbon, according to the World Bank.

3. A new model for cooperation

The agreement between California and Mexico can provide a model for collaboration in the emerging “bottom-up” approach to climate change, in which national policies take center stage, rather than a “top-down” global agreement negotiated at the UN. Bilateral and regional cooperation will be all the more important in a bottom-up world, to foster greater ambition and give countries confidence that others are taking action as well.

California and Quebec have already linked their carbon markets. Now with carbon pricing a centerpiece of cooperation between California and Mexico, it does not seem too far-fetched to envision a “North American carbon market” emerging in the not-too-distant future.

California and Mexico face joint challenges from a changing climate. Together they can demonstrate to the world concrete progress on practical solutions to reduce carbon emissions, drive clean energy innovation and promote low-carbon prosperity.

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California and Mexico: Valuable teammates in the fight against climate change

en español  |  For nearly a decade, California’s landmark climate change law, AB 32, has been widely recognized for its efforts to curb greenhouse gas (GHG) emissions and build a low-carbon future.

Mexico flag and palm tree

Working together, California and Mexico can maximize the mutual benefits of setting high environmental standards to build low-carbon economies for the future. (Photo credit: Flickr user gabofr)

While climate action in Washington, D.C. continues to be stymied, our neighbor to the south is a key player and emerging leader on the global climate stage and is willing and able to join California in the fight.

Mexico has been a leader in advancing UN global climate change talks and recently passed its own historic climate change law.

These actions have garnered much attention from the international community, including Governor Jerry Brown.

In fact, his administration has indicated it is reaching out to Mexico on climate change, and just this week we’ve learned that Mexico’s President, Enrique Peña Nieto, is planning a visit to the Golden State.

The opportunities here can’t be overstated. As Governor Brown pointed out in his 2014 State of the State Address, if we want to move the needle on cutting carbon pollution, California can’t do it alone.

The collaboration between California and Mexico could be a powerful force to move global action on climate change forward, while creating mutual benefits. And, the partnership is both a natural and practical one.  California and Mexico have deep cultural, political, and economic ties that bind their histories, and climate change represents an opportunity for leaders on both sides of the border to work together to shape our collective future.

There are five primary areas where Mexico’s and California’s existing efforts to curb climate change align:

Climate efforts in California and Mexico
 CaliforniaMexico
1. Comprehensive climate change lawsPassed in 2006, AB32, the state’s landmark climate law, sets a declining cap on emissions in sectors producing the most GHG pollution. The law confirmed California's commitment to transition to a sustainable, clean energy economy, helped put climate change front and center on the national agenda and spurred similar action by states and regions across the U.S.In 2012, Mexico passed a broad climate change law with ambitious goals for reducing GHGs. Mexico’s climate change law does not yet mandate its GHG targets, but rather establishes voluntary targets comparable in scale to California’s mandatory limits. It also sets a comprehensive institutional, technical, and legal plan to help achieve those goals. This historic program is being built right now.
2. Climate policy strategiesAB 32 lays out a strategy and a comprehensive set of actions including:

  • Expanding and strengthening energy efficiency programs and building and appliance standards.
  • Achieving a statewide renewable energy mix of 33% by 2020.
  • Developing a California cap-and-trade program that links with other partner programs to create a larger market system.
  • Establishing targets for transportation-related GHG emissions for regions throughout California.
  • Adopting and implementing direct measures to reduce emissions and protect public health, including California's clean car standards, goods movement measures and the Low Carbon Fuel Standard.
Mexico’s climate change strategy focuses on areas that align with California’s vision of a lower carbon future:

  • Accelerating a transition toward clean energy sources
  • Reducing energy intensity through energy efficiency and conservation
  • Building sustainable cities
  • Reducing particulate pollution and short-lived climate pollutants.
  • Improving management of agricultural and forest lands
3. Economic efficiencyCalifornia’s successful carbon market provides a great example of how environmental and economic policy can work hand in hand.  It is also spurring innovation and investment in a clean and efficient economy while benefiting the state’s most disadvantaged communities.Mexico is laying the groundwork for market mechanisms. From the potential for emissions trading to renewable energy markets, the country’s law prioritizes economically efficient means to achieve its climate goals, but more work is needed.
4. Historic energy reformA majority of California’s emissions come from its energy sector, including transportation fuels. The Low Carbon Fuel Standard (LCFS) uses a market-based cap and trade approach to lowering the greenhouse gas emissions from petroleum-based fuels like reformulated gasoline and diesel. The LCFS slowly changes the California fueling system by providing opportunities for all fuel types to improve and grow.Energy reform is creating an unprecedented host of opportunities in Mexico. The majority of Mexico’s emissions come from its energy sector, including electricity generation and the production and burning of transportation fuels. An overhaul of long-standing energy monopolies creates new opportunities for developing renewable energy, cleaning up energy production and producing cleaner transportation fuels.
5. Natural resource protectionCalifornia’s climate law may permit a small number of credits from Reducing Emissions from Deforestation and forest Degradation (REDD) to be used in its carbon market. This would reward indigenous and forest-dwelling communities, potentially including those in Mexico, with incentives for ecosystem protection.Mexico is building models for comprehensive programs to reduce emissions from forest destruction through REDD. The cutting and burning of tropical forests worldwide contributes more GHG emissions each year than the entire global transportation sector. Mexico’s forests are a vital resource for its rural population and home to some of the world’s richest areas of biodiversity. Incentivizing best practices in agricultural production also targets a significant source of emissions from land use.

It’s become abundantly clear that international partnerships are key to effectively reducing GHG emissions, preventing the most disastrous effects of climate change, and building resilient economies that will help protect the planet for future generations.

Ultimately, California can catalyze action outside of its borders with partners like Mexico, amplifying the impact of our efforts to cut carbon pollution. Working together, California and Mexico can maximize the mutual benefits of setting high environmental standards to build low-carbon economies for the future.

(This post originally appeared on EDF's California Dream 2.0 blog on Mar. 4)

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How Mexico’s reforms open new doors for reaching clean energy and climate goals

(This post originally appeared on Foreign Policy Blogs on Feb. 24)

caption

With a new climate change law and President Enrique Peña Nieto's overhaul of federal oil and electricity monopolies, Mexico now has important opportunities to meet renewable energy and emissions reduction goals and grow its economy. Credit: Edgar Alberto Domínguez Cataño

Mexican President Enrique Peña Nieto’s major policy reform proposals, on everything from new taxes on soda pop to amending the 70-year constitutional prohibition on foreign investment in Mexico’s petroleum sector, have swept through that nation’s congress with breathtaking speed.

The reform agenda did not come as a surprise to anyone paying attention. Peña Nieto had campaigned on a platform of increasing economic growth and jobs through major (and controversial) reforms. The energy reform restructures and opens up Mexico’s federal energy monopolies to foreign investment — a major goal being to boost the country’s oil and gas production.

But in all the discussion of shifting the global energy map, a critical potential is being overlooked: The overhaul of Mexico’s federal oil and electricity monopolies also breathes new life into prospects for making the energy sector cleaner and opening the door to green growth in the long run.

Mexico now has important opportunities to meet renewable energy and emissions reduction goals and grow its economy.

Energy and climate goals

Mexico’s new climate change law, which I’ve written about previously, sets voluntary national targets to reduce Mexico’s total emissions to half of 2000 levels by 2050 and requires Mexico to get over a third of its electricity from renewable sources by 2024.

At present, Mexico’s energy sector is responsible for roughly 65 percent of its national greenhouse gas emissions and renewables make up a small fraction of electricity production. Over the last decade, multiple independent analyses have shown certain measures in the energy sector could save or even make Mexico money while keeping millions of tons of carbon out of the atmosphere.

So, if Mexico’s energy sector could make money while modernizing and reducing greenhouse gas emissions (seemingly a win-win), what’s the hold up? Some of the most significant barriers have been a shortage of new capital to invest in modernization, efficiency, and long-term upgrades, as well as old-school inertia and institutional resistance to doing things differently.

But much of that old system, without a doubt, is changing now.

Moving toward a greener future

The latest reforms and the 2012 climate change law lay the groundwork for the country’s transition from relying on an aging infrastructure, old technologies and heavy fossil fuel dependence to a green growth future.

1. Emissions reduction targets

Mexico has committed to reducing its emissions 30 percent below business-as-usual levels by 2020 and 50 percent below 2000 levels by 2050. While voluntary, the targets it set at the U.N. climate negotiations in 2009 and reiterated in its climate law are a serious commitment on an international stage, and Mexico’s high-profile leadership on climate change should not be taken lightly. Experts from Mexico’s environment ministry and National Institute of Ecology and Climate Change based these targets on extensive analysis — and they were put on the table precisely because they can be achieved with the right incentives.

2. National emissions registry and green light on emissions trading

Mexico’s climate change law created the national emissions registry as part of its National Climate Change System; polluting industries’ reporting is mandatory, standardized and public. Addressing emissions across an entire national economy through the integrated measurement, reporting, accounting and transparency required by the national registry helps establish the building blocks for emissions trading. (The law also explicitly authorized, but did not require, the development of a voluntary emissions trading system.)

3. Price on carbon in fossil fuels

Fiscal reforms by the Peña Nieto administration include a tax on carbon in fossil fuel products, which aims to reduce Mexico’s emissions by seven million tons annually, and applies to everything, from diesel, to coal, to propane. The amount of the tax is based on the carbon content and linked to global market prices for carbon tons.

Built in to the tax legislation is eligibility for companies to pay the carbon tax through carbon offsets projects of an equivalent number of tons.

4. Pilot trading of carbon credits

The passage of the new carbon tax coincided with the announcement of a new offset trading platform on the Mexican stock exchange where credits for carbon emissions reductions (in tons) can be purchased either for the voluntary market, or in lieu of paying the carbon tax for those tons. This would create, in essence, a mini-compliance market for carbon credits.

It’s unclear what the scale and rules around offsets under the tax law will be, but the platform will mean developing key precursors to a future emissions-trading system — accountability, transparency, tracking of credits and transactions.

While Mexico may be tip-toeing into the emissions-trading-system arena, analysis by Environmental Defense Fund shows developing a full-scale emissions-trading system would be profitable and effective for meeting the country’s greenhouse gas emissions targets. Legally binding targets would be a necessary step in getting there.

5. New opportunities for capital, technology, and transparency

Most of Mexico’s energy infrastructure to meet demand beyond 2020 is yet to be built and it is widely acknowledged that the potential for renewable energy in Mexico vastly outweighs the current development. Opening Mexico’s major energy producing sectors to private investment provides capital, pressure to reduce waste and increase transparency to attract investment, and — particularly in the electricity sector — opens the field to a wide array of clean energy players who previously could not break in to Mexico.

Key pieces of the policy outlined have been driven by different goals and approaches, and of course, spanned a presidential election. But they do provide essential ingredients for a cohesive climate and energy policy and an effective mechanism to get to Mexico’s climate and development goals, and the time is ripe to put them together.

The Peña Nieto administration has already issued its climate change strategy (see my analysis from last June), and a roadmap for implementing climate policy between now and 2018 — just approved by its high-level commission — is due to be released this spring. Legislation to implement the Peña Nieto reforms is being crafted now.

Mexico will face the challenge of balancing the much-hyped economic potential of tapping its fossil fuel reserves with the climate change leadership it has established over the last decade. But as the world aspires to transition toward low-carbon economies that are no longer dependent on the fossil fuel reserves so keenly eyed in Mexico, there is significantly underappreciated opportunity here — to reduce the environmental impact of old, dirty sources of energy, while taking the long view and building a sustainable future economy.

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Mexico's new president releases promising strategy for national climate action

Mexico is the 12th largest emitter of greenhouse gases in the world and has been a leader among developing and middle-income countries on international climate policy – and so far domestic actions appear to be backing the country’s international commitments to reduce its emissions. While the strategy does not provide many new details, it does seem to carefully examine and support key aspects of Mexico’s new climate change law for implementation.

Mexico's new National Strategy on Climate Change lays out actions the country could take to reduce its emissions domestically. (Source)

The strategy was called for in Mexico’s General Law on Climate Change (LGCC), which was signed into law last June. Because the sweeping, but extremely general, legislation predated Enrique Peña Nieto’s new presidency, it was an open question whether the incoming administration would champion the issue or downplay implementation.

Peña Nieto’s administration hinted at an answer by releasing its official strategy for addressing climate change earlier this month.

The new National Strategy on Climate Change, released June 3 by the Environment Ministry (SEMARNAT), lays out a number of potential actions Mexico can take to reduce emissions – also known as “mitigation.” These actions focus on prioritizing mitigation potential, cost-efficiency, and additional benefits for reducing domestic greenhouse gas emissions.  Some highlights include:

    • Accelerating the transition to low-carbon energy sources, with a goal to produce 35% of electricity from “clean” sources by 2024.
    • Development of new economic instruments to finance mitigation, including the potential development of an emissions trading system.
    • Reducing subsidies that favor inefficient use of resources, and redirection of current subsidies from fossil fuels.
    • Reducing energy intensity through conservation and efficiency measures.
    • Integrating national emissions reductions targets into the federal, state and sectoral programs.
    • Improving forest management and reducing deforestation through REDD+ (Reducing Emissions from Deforestation and forest Degradation) policies and other measures.
    • Reducing emissions of short-term climate forcers and other greenhouse gases.

There are a number of highly encouraging signs from its release, which was  a few weeks before the official deadline. The Peña Nieto administration reiterated and expanded on some  key components of the law and the strategy maintains its focus on developing a climate change program that is centered on reaching Mexico’s emissions reductions targets.

Recall that only last summer, the historic climate law passed in Mexico’s outgoing congress with broad support across parties, including the current president’s. The comprehensive and historic law laid out a broad institutional framework; established federal responsibility for the development of strategies, plans and programs to address climate change mitigation and adaptation; and put forward ambitious (though still non-binding) domestic targets for reducing greenhouse gas emissions.

We noted then that the real guts of how Mexico would achieve those targets was left to be determined, and ultimately its success would rely on strength of commitment to implementation by Mexico’s next federal government.

What the climate strategy could mean for Mexico

The good news is that the new administration’s plan appears to take full advantage of the framework laid out by the law through the new “National Climate Change System.” The plan also includes the key commitment that national mitigation targets of 30% below business as usual by 2020 and 50 % below 2000 levels by 2050 will be integrated into the federal, state and sectoral development programs – where the real action on emissions reductions will be.

Notably, its introduction also frames the strategy explicitly in an international context where many countries, as well as some states and provinces, are developing or implementing emissions trading systems as a cost-efficient mechanism for reducing emissions.  (You can learn more about emissions trading programs around the globe in EDF’s new resource, The World’s Carbon Markets.)

Clearly, Mexico has taken note of its potential to participate in carbon markets in building a low-carbon economy – and rightly so.

With a new administration that has focused on public commitments to economic growth, job creation, and energy, taking advantage of such tools could form a key part of reducing emissions nationally while setting the country on a path to prosperity and low carbon development for the future.  Mexico, in particular, has a wealth of opportunities for effective, cost-efficient emissions reductions in many key sectors.

As an international leader on climate, Mexico also appears interested in leveraging this positive domestic action globally.  The document states:

This strategy is a fundamental step to implement the General Climate Change Law and shows that Mexico is advancing in complying with its international commitments. To the extent that it is executed, it will also be the best argument to demand collective action against climate change from the international community.

With the world’s global carbon-dioxide emissions reaching a record high in 2012, there is still a chance to avoid the worst effects of climate change – but action, indeed, is what we need.

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Doha climate talks could see measured progress toward new global agreement

International climate negotiations have begun in Doha, Qatar, where countries can make progress toward a new global agreement, climate finance and reducing deforestation emissions, among other technical issues. Photo credit: Flickr user UNclimatechange

The largest international climate negotiations of the year kicked off Monday in Doha, Qatar, drawing delegates from more than 190 countries in a grand effort to create a global treaty to reduce greenhouse gas emissions and halt climate change.

Worldwide attention is particularly focused on climate after a number of respected and typically conservative global institutions — including The World Bank, United Nations Environment Program, International Energy AgencyPwC – in reports released in the weeks leading up to Doha painted grim pictures of the risks of extreme climate change.

These talks in Doha could see measured progress toward a new global agreement in some areas — or, as The New York Times put it, "the agenda for the two-week Doha convention includes an array of highly technical matters but nothing that is likely to bring the process to a screaming halt."

Environmental Defense Fund anticipates three issue areas could see important progress in Doha:

1) Negotiating tracks

The countries now meeting in Doha are scheduled to finalize a second round of commitments under the Kyoto Protocol, the international agreement to cut greenhouse gases, and wrap up the Long-term Cooperative Action (LCA) negotiating track, which was launched in Bali in 2007 and led many countries to make voluntary emission reduction pledges but fell short of a comprehensive binding agreement.

Doha will also set the course for the “Durban Platform for Enhanced Action” track, whose goal is a new climate deal for all countries to be agreed to by 2015 and to take effect from 2020.

International Climate Program Director Jennifer Haverkamp said in EDF's opening statement:

Countries can make real progress in Doha by agreeing to the Kyoto Protocol’s second commitment period with minimal fuss and delay, and concluding the Long-term Cooperative Action track, so they can turn their full attention to bringing lessons learned and key policy tools from those agreements forward into the new negotiations.

Even the U.S. founding fathers didn’t get the Constitution right the first time – remember the Articles of Confederation? Countries, in constructing this new agreement, have a chance to incorporate the key elements of these tracks: Kyoto’s binding structure and accountability, and the LCA’s broadened participation among countries and new tools to fight climate change.

2) Climate finance

Countries in Doha should deliver clear signals of ambitious commitment to address climate change, a much-needed policy signal that will help unlock and target critical climate finance funds that exist right now in the stock and bond markets and in countries’ national public expenditures.

3) Deforestation emissions

For policies for Reducing Emissions from Deforestation and forest Degradation (REDD+), countries have the opportunity to agree that multiple sources of finance can be used to pay for REDD+ reductions, and thereby send another positive signal to tropical forest nations.

Climate & Forests Specialist Gustavo Silva-Chávez said last week in a blog post previewing the Doha REDD+ negotiations:

REDD+ is almost at the finish line. We need a decision with more direction about how it will be financed, and carbon markets must play a role.

Countries, states making major climate progress

Outside the UN negotiations, countries and states have been busy launching and benefiting from emissions reductions programs. Just since last year’s negotiations:

Here in the United States, California begins its state-wide cap-and-trade system on January 1, and the northeastern states’ regional cap-and-trade system (RGGI) is already cutting emissions while the regional per capita GDP is growing faster than that of the nation as a whole. And a new report shows that the U.S. is on track to reduce its emissions by more than 16 percent from 2005 levels by 2020, thanks in part to these states’ initiatives.

Haverkamp said these moves are all significant:

“A full quarter of the world’s economy – from California to China, Mexico to South Korea – has or is putting in place programs to reduce emission. The top-down UN process is still critical to stopping dangerous climate change, but more and more countries are deciding not to wait around for it to tell them what to do. We’re already in a bottom-up world.”

 

See related post: REDD+ almost at the finish line: Doha preview

Also posted in Deforestation, Doha (COP-18), Europe, Forestry, Indigenous peoples, News, REDD, UN negotiations|: | 1 Response
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