AssociatesFernanda Prazeres : Shared Vision

Oscar Barbosa : MitigationProvi Caraballo : Adaptation

Julianne Prokopich : Transfer & Finance

Long-Term Cooperative Action

Shared VisionLong-term reduction target

Push for a 60% reduction target by 2050 for developed countries only

Means to achieve long-term goalsStress importance of relaxing intellectual

property rights for energy efficiency technology

Renewable EnergyPressure for extinction of trade barriers on

biofuel

Preventing the worst

The Scenarios

MitigationResponse to the post-industrialization

emissions and climate changeInvolves the adoption of measures and

policies to prevent climate change from affecting our lives in the future

Changing the consumption and environmental practices across the world will directly change the culture and current practices, preventing global warming and further emissions.

Mitigation and Historical responsibilities

Annex I countries shall:aim to an absolute

reduction in the emissions Find clear mitigation

commitments, Finance and promote

technological mechanisms to aid Annex II countries in Environmental Efforts.

Countries shall contribute to the solution in direct proportion to their contribution to the problem.

Annex II countries shall, reduce emissions

according to nationally appropriate actions,

Annex II countries shall carry due diligence to promote environmental practices, and a “green” culture, minding on sustainable development

Adaptation • Developing countries face the highest costs

regarding its impacts.

• Barriers that hinder adaptation: knowledge gaps, impediments to information flows relevant for adaptation decisions and insufficient resources for building adaptive capacity and translating it into action in developing countries.

AdaptationThe establishment of national and regional

centers for adaptation planning.

The establishment of national climate change committees for adaptation, similar to the “ozone units” created by the Multilateral Fund of the Montreal Protocol.

Financing for adaptation should be considerably increased in order to redress the balance in the allocation of funds under the climate change regime.

Development Mechanisms

Development and Transfer of ESTs:Five Key ElementsTechnology Information Capacity BuildingEnabling EnvironmentsTechnology Transfer Needs AssessmentFinancial and Institutional Mechanisms

Financing MechanismsExpand the carbon market

Private and public investorsAuction of allowances for emissions

Purchase credits with cash and by way of EST transfer

Update the Clean Development Mechanism (CDM)Reward joint technological development and

transnational emission reductionsDivide emission credits: 1:3 ratio Reduce emissions by at least 3% from the

previous year