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@ Bonn 2009
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
- 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.
. Synopsis and objective:- Fact Sheet
- 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.
. The Problem and The Solution: (0.4 MB).- The event has been recognized and reported by the Earth Negotiations Bulletin.
- shorter pdf version (0.2 MB), page 4;
- web version with additional pictures.
The reports from the selected events held on 1 June are available:
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