The note summarises the status of negotiations after the Bali meeting (COP 13/CMP 3) of December 2007, and presents the issues at stake for building the elements of a future climate agreement: on mitigation the specification of "measurable, reportable and verifiable nationally appropriate mitigation commitments or actions" for developed countries (most likely continuing the emission reduction targets under the Kyoto Protocol); . on adaption, the difficult issue is to define exactly which adaptation activities should be supported by the international system and how developing countries would be able to apply for support; on technology, a comprehensive framework for technolog
y transfer has been decided and ways ...[+++] to assess the effectiveness of technology transfer are being developed; on finance, the challenge is to create a constant flow of financial resources, substantially larger than the currently available funds, and independent of government budgets.The note summarises the status of negotiations after the Bali meeting (COP 13/CMP 3) of December 2007, and presents the issues at stake for building the elements of a future climate agreement: on mitigation the specification of “measurable, reportable and verifiable nationally appropriate mitigation commitments or actions” for developed countries (most likely continuing the emission reduction targets under the Kyoto Protocol); . on adaption, the difficult issue is to define exactly which adaptation activities should be supported by the international system and how developing countries would be able to apply for support; on technology, a comprehensive framework for technolog
y transfer has been decided and ways ...[+++] to assess the effectiveness of technology transfer are being developed; on finance, the challenge is to create a constant flow of financial resources, substantially larger than the currently available funds, and independent of government budgets.
