To spur green development international pacts need to engage with finance and trade.
This week in Bonn delegates gather for another conference on climate change—after the UN Secretary-General’s conference staged last month in New York, and prior to the Conference of the Parties under the now defunct Kyoto Protocol meeting in Lima at the end of the year. The Lima meeting is the last chance to formally set an agenda for the Conference of the Parties to be staged in Paris at the end of 2015, where the world will have the chance to create a new instrument to curb global warming.
The Kyoto Protocol was deeply flawed—and not just because the US never signed up.
The Bonn conference is billed as a meeting of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP)—a mouthful that signals further talk and little action to do something significant on climate change. The “Durban Platform” arose from the Conference of the Parties that met to decide the future of the Kyoto Protocol in 2012, when the protocol was due to expire. The Durban platform was a compromise that saw parties agree that a successor protocol would be legally binding; that it would involve China and India as well as the United States (which had never ratified the Kyoto protocol); that its terms would be defined by 2015 and that it would come into effect by 2020.