It\u2019s heartening that many Parties (though by no means all!) are pushing hard to get the right amount of climate finance on the table in Paris.\u00a0It should be clear to all that without it, there will be no intergenerational equity.<\/p>\n
Equally important is how that money is spent. With growing angst that the Kyoto Protocol\u2019s Joint Implementation mechanism has fallen far short in promised emissions reductions, we must likewise make sure that any technology deployment provisions in the new post-2020 agreement are held to a high standard. Let\u2019s talk frankly about\u00a0how we can make that happen.<\/p>\n
The legal agreement must include a Global Technology Goal that ties Technology Transfer to success in meeting the pathway to the temperature goal accepted by the agreement. At present, this provision (paragraph 70) is relegated to Section III, where the Co-Chairs have placed text needing further clarity.<\/p>\n
We need to reference the existing Technology Mechanism\u00a0in the Paris agreement and keep open the opportunity to include other such efforts into the agreement as they come online; there is no time to reinvent the wheel. That said, we should also make the improvements needed to ensure excellent outcomes as part of COP decisions. These would include:<\/p>\n