Developing the loss and damage mechanism in climate change: The tasks ahead
The establishment of the Warsaw International Mechanism for Loss and Damage associated with climate change impacts (the Mechanism) stands out as one of the key outcomes and milestones of the 19th Conference of the Parties (COP19) of the United Nations Framework Convention on Climate Change (UNFCCC) held in Warsaw in November 2013. This brief offers our views, as negotiators from developing countries, who have worked on this issue in the past few years. (more…)
Integrating a Gender Perspective in Climate Change, Development Policy and the UNFCCC
This policy brief discusses the opportunities, challenges and constraints for integrating a gender perspective into global climate change policy as well as the current effort of gender mainstreaming in the UNFCCC. The brief is a companion piece to a previous note that explored the nature, content and implications of the Gender Decision made at COP 18, Doha, 2012. (more…)
Climate Change Financing Requirements of Developing Countries
1. Introduction
This paper surveys the existing literature on the climate change financing requirements of developing countries in the two UNFCCC categories of mitigation and adaptation. The reported estimates are based on the current state of play in estimation exercises. (more…)
This overview outlines in summary form the main results of the negotiations during the 18th Conference of the Parties (COP18) and the 8th COP Meeting of the Parties to the Kyoto Protocol (CMP8) that took place in Doha, Qatar, from 27 November to 8 December 2012.
The annual United Nations climate conference held in 2012 in Doha concluded on 8 December with low levels of commitments by the developed countries in two crucial areas — emission cuts by them, and provision of climate financing for developing countries. (more…)
Capital Account Regulations and Investor Protections in Asia.
Since at least the early 1990s, countries that sought to regulate the capital account risked self-inflicted stigma in the international investment arena, even in the face of uncontroverted analytical reasons for their appropriateness.Subsequent events, including the Asian financial crisis in 1997, have not eliminated the stigma risk from capital account controls but the analytical discussion has shifted to when, not if, such controls are warranted. (more…)
National Financial Policy in Developing Countries.
A fundamental question raised by recurrent financial crises in mature and emerging economies is how to ensure that the financial markets and institutions serve growth and development rather than being a constant source of instability and disruption in pursuit of self-interest. (more…)
Identifying Outcomes that Promote the Interests of Developing Countries at COP 18.
Developing countries have long been at the frontlines of climate change and bearing the brunt of its impacts on sustainable development prospects and even, in many cases, physical survival and territorial integrity. These underscore the need for global cooperation and action on climate change. (more…)
Trade and Investment Agreements—Barriers to National Public Health and Tobacco Control Measures.
An arbitral tribunal is expected to issue soon a decision on jurisdictional matters in a case brought by Philip Morris against the government of Uruguay. The claim, based on a bilateral investment treaty (BIT) between that country and Switzerland, challenges packaging and labeling requirements for cigarettes adopted by Uruguay to reduce tobacco’s consumption. (more…)
Statutory Sovereign Debt Workout Mechanisms: Why and How?.
Because of the absence of a multilaterally agreed legal system for debt workouts, the practice tends to be ad hoc and disorderly, generally favouring creditors. Often the IMF is involved in coordinating and resolving debt servicing difficulties, be it due to solvency or liquidity problems, based on an adjustment programme agreed with the debtor country. (more…)
Financial Instability as a Threat to Sustainable Development.
As seen over and again during recurrent financial crises in both developing and advanced economies (DEs and AEs), including the recent global crisis originating in the US and Europe, financial instability and boom-bust cycles undermine all three ingredients of sustainable development – economic development, social development and environmental protection. (more…)
Since January 2012, aviation has been included in the European Union’s Emissions Trading Scheme (ETS). The Aviation ETS requires aircraft operators to surrender one allowance per tonne of carbon-dioxide emitted on a flight to and from (and within) the EU. (more…)
