Foundation for a future international agreement on climate change laid2010-12-14
After several years of negotiations, last week the international community has finally managed to approve decisions laying the foundation for a future agreement on climate change. The agreement should come into force after the end of the first commitment period of the Kyoto Protocol (2008 – 2012), i.e. in 2013.
These decisions were approved during the 16th conference of the Parties to the United Nations Framework Convention on Climate Change held in Cancun, Mexico and the 6th meeting of the Parties to the Kyoto Protocol. The decisions were approved of by all the 194 Parties to the United Nations Framework Convention on Climate Change that took part in the conference and 191 Parties to the Kyoto Protocol, except for Bolivia. The international community managed to set provisions on the most important issues of the future agreement.
The purposes of mitigating the climate change were agreed upon. The developed countries by their joint efforts will be to reduce the greenhouse gas emissions by 25 – 40 percent by 2020 compared to 1990. It is planned to have a new Green Climate Fund, which will enable implementation of the adaptation measures in the most vulnerable, least developed and developing countries.
In the opinion of the head of the Lithuanian delegation, the Vice-minister of Environment Aleksandras Spruogis, it is particularly important that the greenhouse gas emissions quota not used by companies and “saved” by the country be transferred to the future period of national commitments and that flexible measures of implementing the Kyoto Protocol be continued beyond 2012. Our country has the Green Investment Scheme. According to this scheme, funds received for the transferred excessive greenhouse gas emission reduction units will be assigned for increasing the energy efficiency and for implementation of projects of using renewable energy sources.
It is also important for our country whether or not the EU will decide to reduce greenhouse gas emissions by 2020 not by 20 but by 30 percent. If it were decided to reduce greenhouse gas emissions more, Lithuania will be forced to review its commitments in connection with reduction of greenhouse gas emissions.
14 December 2010