The Paris climate summit was historic as a political achievement but it’s not clear how and when the hard problems of emission cuts and climate finance get tackled.
Despite there being no reference to the words “market mechanism” or “carbon market” in the agreement, the agreement clearly establishes a new international carbon market mechanism.
How should we react to the likely outcome of the Paris climate conference? Unless something dramatic happens overnight it is very likely that the news media on Sunday morning will hail the Paris agreement…
Exhausted negotiators are still working hard to land the Paris climate. They haven’t saved the climate yet, but a Copenhagen-style diplomatic disaster has been avoided.
Ambuj D Sagar, The Indian Institute of Technology Delhi
Developing countries need technical and financial aid to begin the transition to low-carbon energy now, not just pledges to invest in energy R&D with payoffs decades from now.
The US-China relationship is crucial to any global deal on climate change. How strong is their common commitment to working on climate change, and can it last?
The most surprising revelation here at the Paris climate conference has been the astonishing shift in the world of investors over the past 12 months. There is now unprecedented momentum towards participating…