This paper argues that Australia should restate its commitment to participate in a new post-2020 framework that is consistent with the national interest of avoiding 2C of global warming.
In Lima Climate Summit: Striding or Shuffling to Paris? The Climate Institute lays out the process for the year ahead of the Paris climate summit, when the new international climate framework will be agreed, suggests possible scenarios for Lima, and considers an appropriate role for Australia.
The report finds that as nations head into the Lima climate change negotiations later this month, Australia should restate its commitment to participate in a new post-2020 framework that is consistent with the national interest of avoiding 2C of global warming, should lay out a transparent process for defining our initial post-2020 target, and boost short-term domestic actions.
The report concluded that the government needs to catch up with the growing global coalition of climate action recognising the economic threats of climate change and make clear that it will join efforts to keep global warming below 2C. The past few weeks have seen major emitters and the world’s largest economies, from the US, China and Europe, put forth initial post 2020 targets. We also saw important announcements from G20 countries around climate financing for poor countries to bolster their climate resilience and accelerate low carbon development.