Our differentiated levy to finance climate change action was supported at the side event on day 1 of the Bonn Climate Change Talks - June 2009, entitled: Equitable Financing & Reducing Emissions from International Transport. Event flyer
| Fact Sheet
| Presentation
.
Following opposition of major developing countries to uniform levies, we suggest to modify paragraph 173d of the LCA negotiating text
to:
A market-driven levy on emissions from international maritime transport applicable to ships carrying goods to developed countries (effectively).
Event flyer
. Synopsis and objective:
- The side event was dedicated to technically sound and politically acceptable levies on emissions from international aviation and maritime transport. Applied worldwide, collected centrally, they would raise $10bn+ annually for climate adaptation, REDD+, and technology.
- Galvanize the negotiations on levies for international transport.
Fact Sheet
. The Problem and The Solution:
- There are two problems:
- Current mechanisms to finance climate change adaptation in developing countries are inadequate, both in scale and design.
- International shipping CO2 emissions are outside of the Kyoto Protocol, yet they are: significant and growing, double aviation emissions, global and complex.
- As the solution, a global market-based instrument for shipping is proposed. This can catalyze global cooperation and solve both these problems.
Presentation is now available ![](/files/img/pdf.gif)
(0.4 MB).
To read on progress on the Bonn talks visit
IISD Reporting Services.
Why the event was Important?
- Levies are proposed for negotiations within the AWG-LCA (paragraphs 36, and 173d)
- Shipping levy, which recognizes national circumstances, is viable
- As a result a draft negotiation text has been created
Presentation and Debate were Focused on
- How to pragmatically recognize national circumstances within a global scheme
- How to distribute financing from international levies
- International Maritime Emission Reduction Scheme
- How to galvanize the negotiations on equitable levies for international transport
Speaker and Panellists
- Andre Stochniol, IMERS (speaker)
- Henry Derwent, IETA
- Jake Schmidt, NRDC, USA