Here we aim to offer a daily brief on the state of the negotiations at COP25
Credits: Cordon Press.
China, India, Brazil and South Africa released a breaking statement yesterday in the midday of the negotiations. They argue that they are “already offering the highest possible ambition”, and break down some of their main demands, including related to Article 6. Simon Evans from Carbon Brief explains it very well:
Strong stuff in BASIC (BR SA IN CN) statement at #COP25— Simon Evans (@DrSimEvans) December 11, 2019
➡️ Flags "pre2020" as key priority
➡️ "Grave concern" over imbalance at talks
➡️ Says "share of proceeds" shd apply to 6.2 as well as 6.4
➡️ Backs KP transition
➡️ Says they're already offering "highest possible ambition" pic.twitter.com/lOMhKBVYUA
Aside from this, bilaterals, informal and consultations continued throughout the day, with no major breakthroughs happening. Facilitators are trying to understand the different demands of the countries and their red lines, to find some common ground.
Seems like big trade-offs will have to be made across the board if we want to close the negotiations any time soon. Chris analyses how Australia could get some compromise to carry over the Kyoto Protocol market credits into the new regime: http://climatetracker.org/how-the-australia-deal-gets-done/
Also at COP, 73 countries said they will submit new enhanced climate plans (known as NDCs) by 2020, and 11 of them (all European) are already in the preparation. The list is lacking some of the major players, such as China or the US.