Negotiators meeting at the United Nations-backed climate change conference in Cancun, Mexico, are expected to tackle and agree on the building blocks necessary to jump-start global action on climate change. Some experts note that the success of the summit will depend on whether negotiators will be able to combine these building blocks in a balanced package.
Key to the summit, which is the 16th conference of the U.N. Framework Convention on Climate Change, is the discussion on issues relating to climate finance, forests, emissions reduction, technology and climate change adaptation.
Experts at the Brookings Institution identified some of the actions that climate change negotiators should take to produce a balanced package out of the Cancun talks. These include developing measures to assure transparency in emissions reduction, establishing trust between donors and recipients on the delivery of climate finance, and creating the momentum for addressing deforestation.
But discussions and action should not end with the conclusion of the conference on Dec. 10, the experts, including Brookings Senior Fellow Katherine Sierra and Nonresident Fellow Nathan Hultman, argue.
They suggest that beyond the talks in Cancun, climate change negotiations should work toward building stronger links between green growth and climate change, considering innovations in regional, country and local carbon markets, designing alternative sources of climate finance, and recognizing that adaptation is a key development challenge, the experts explain.