Pablo Solon: Paris COP21 negotiations are New Carbon Markets Under the Name of Sustainable Development
An Analysis Of COP21 From Within Le Bourget By Pablo Solon, former ambassador Of Bolivia to the UN and an ally of the It Takes Roots Delegation.
A draft climate agreement and decision with 48 pages and 939 brackets has been presented to the ministers in Paris on Saturday 5th of December. Many things can be said about this text. For example, the words “fossil fuels” don’t appear once. There is no proposal [in brackets] to limit coal, oil or gas extraction in the coming years, and no proposal to halt deforestation. Also, as was expected, no text [in brackets] from any country addresses the issue that current INDCs (Intended Nationally Determine Contributions) will actually increased the greenhouse gas emissions gap from a surplus of 12 Gt CO2e in 2020 to around 25 Gt CO2e by 2030. Read the full analysis.