October 10, Presentations and Debate 18.00 to 19.30

An event kindly hosted by The Permanent Representation of Denmark and The Danish Ministry of Climate, Energy and Building

The surplus emission permits from the first Kyoto commitment period (2008-2012) is estimated to be 13.1 billion tonnes of CO₂, a new study shows. Even without this surplus, countries will likely accumulate a surplus of 3.6 billion tonnes of CO₂ by 2020 because of weak emissions reduction pledges for the second commitment period.

A solution must be agreed in the November UNFCCC negotiations in Doha (COP-18). If not, the existing rule that allows full carry-over will apply by default. At the UNFCCC negotiations in Bangkok in August 2012, the G-77 and China presented a proposal to effectively contain and minimize the use of these surpluses.

If the EU wants to be taken seriously when it claims that environmental integrity is a key condition for participating in a second commitment period under the Kyoto Protocol it needs to commit to a position consistent with this requirement. An EU position on how to address the surplus issue must be agreed on by the next Environmental Minister’s Council on October 25, 2012.

• This event presents the findings of the new Point Carbon study on the Kyoto surplus and an analysis of the G-77 proposal, followed by a plenary discussion.

• Drinks and Snacks will be served.
• Please RSVP at [email protected]. To attend the event pre-registration and ID card are necessary. Registration deadline is Monday, 8. Oct 2012, COB CET.

Agenda