Cookies on the ICIS website

close

Our website uses cookies, which are small text files that are widely used in order to make websites work more effectively. To continue using our website and consent to the use of cookies, click away from this box or click 'Close'

Find out about our cookies and how to change them

NAMA submissions to UN stall amid post-Kyoto uncertainty

01 May 2012 17:27:51 | edcm

International progress on national appropriate mitigation actions (NAMAs), which may include new market-based mechanisms, remains slow despite the end of the Kyoto protocol nearing, data from a research body shows.

NAMAs are loose political concepts, created under the Bali Action Plan at a UN-led summit in December 2007.

"We would love to update the NAMA pipeline, but have yet to see any further submissions," a source at the UNEP Risoe research body said this month. However, Jacob Ipsen Hansen, who heads up the UNEP Risoe NAMA pipeline, said that the body plans to publish an updated pipeline within the next two months.

NAMAs offer the potential to create new carbon credits within regional emission trading systems, as developing countries start to set up market mechanisms to combat climate change under a post-Kyoto global protocol climate-change system.

As Australia, California and China, as well as South Korea and others look to develop emission trading systems of their own linking such schemes will become increasingly important in future climate policy.

But the slow pace of submissions raise questions about how exactly this will be achieved. The lag may be down at least in part to the fact that NAMAs continue to be poorly understood. "NAMA's and the coherent UN registry are still under development and NAMA's as a final concept is thereby not defined yet," Ipsen Hansen said.

The next UN climate change summit will take place in Doha, Qatar from 26 November to 7 December. Countries will aim to negotiate a potential post-Kyoto deal but have little time to do so, as the protocol expires at the end of 2012. MLDB

Other Related Stories

Other Options