ECO thinks that the ADP has a pretty simple job in designing the next phases of the INDCs process. After completing the information requirements, we simply need an INDCs assessment phase, as pointed out by AILAC and Palau. The first step of the assessment phase is – you guessed it- all parties submitting INDCs by March 2015. This could not be simpler, really.
March 2015 is only around the corner. Parties need to start preparing their INDCs from the moment they get home. While they make their preparations, Parties should remember that mitigation contributions alone will not pass the assessment test. Both mitigation and finance contributions are necessary to shape an acceptable INDC for a wealthy country. ECO welcomes Mexico's clear statement in this regard and reminds developed countries about their responsibility to play a leading role on finance.
Scaling up INDCs during the assessment phase may be a frightening idea for some Parties. ECO has just the thing to cure that phobia: produce ambitious INDCs in the first place and, if these still fall short of the level of action required, complement increased emission reduction targets with other types of contributions. For example, in the assessment phase, an absolute emissions reduction target as an initial NDC can be strengthened by additional efforts to scale up renewable energy and/or energy efficiency. ECO believes that such an approach would allow the assessment phase to lead to scaled-up NDCs through an approach based on environmental integrity and ambitious climate action, while allowing for the necessary flexibility.
ECO reminds Parties that this first assessment phase before Paris is just the initial step. It needs to be followed by a second ratcheting phase during which an agreed mechanism will be used to further scale up ambition based on science driven adequacy and an equity outcome oriented review.