By Carbon Finance
03 November, 2010
UN talks in Cancún should focus on issues where some consensus already exists because agreement on binding emissions targets is unlikely before 2015, according to a UN negotiator.
When the talks end next month, negotiators will likely have finalised a set of mostly process decisions, but there is a chance of a few substantive decisions, particularly on issues such as reducing emissions from deforestation and forest degradation (REDD), said Antonio La Viña, dean of the Ateneo School of Government in the Philippines and chair of the UN REDD negotiations.
Binding emissions targets are “ground zero” for the international negotiations and will probably have to wait until many other issues such as adaptation, financing and technology transfer are resolved, he told attendees of the Carbon Markets Insights Americas 2010 conference in New York this week. (more…)
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