Publications

COP 20 in Lima : a tense rehearsal dinner where everyone ended up eating at the same table

21 December 2014 - Climate Brief - By : Ian COCHRAN, Phd / Benoît LEGUET

COP20 in Lima was expected to put the negotiations on track to get an ambitious global agreement in Paris in December 2015. As a “rehearsal dinner” for Paris Climate 2015, COP20 managed to keep and strengthen the hopes for a “wedding” of interests with all parties sharing a table.

COP 20 achieved its two key objectives: defining a framework – even if only indicative – for the submission of the countries’ Intended Nationally Determined Contributions (INDCs), and a preview of the components of the draft negotiating text that will be discussed throughout 2015 on the way to Paris. Perhaps the most valuable input may be COP20’s treatment – or rather the absence – of the Annex I/non-Annex I differentiation. This marks a watershed moment in negotiations where all countries recognize the need to contribute to climate action.

2014 was a relatively productive year marked by Europe’s engagement through the Energy Climate Package 2030, the US-China agreement and the capitalization of the Green Climate Fund. Nevertheless, many unsolved critical issues remain on the negotiator’s plate to ensure the strong commitments necessary in Paris to reach the ambitious long-term 2°C target.

COP 20 in Lima : a tense rehearsal dinner where everyone ended up eating at the same table Download
I4CE Contacts
Benoît LEGUET
Benoît LEGUET
Managing Director Email
To learn more
  • 10/09/2025 Hors série
    10 years of I4CE, our partners talk about us

    This year marks an important milestone for I4CE: we are celebrating a decade of commitment to the climate economics. We would like to thank our partners who agree to say a few words at the occasion of this anniversary.  

  • 09/26/2025 Foreword of the week
    A decade of commitment to advancing economic policies for the climate

    This year marks an important milestone for I4CE: we are celebrating our 10-year anniversary. Setting sails the year the Paris Agreement was adopted, our mission was clear from the outset: to promote effective, efficient and fair policies for the climate transition.  Since then, we have focused our economic analysis on public policies with an emphasis on assessing the investment needs and policy options for the transition. Our ambition has been to advance the public debate on climate with facts and figures, promoting long-term investment plans as an essential tool to turn political ambitions into reality. Over the years, we have applied this approach to a growing number of policy areas and expanded our geographical scope from France to Europe and internationally.

  • 09/05/2025 Foreword of the week
    2030 and Beyond: Budgeting Europe’s Climate Transition

    The next long term EU budget will take us through the 2030 goal posts, by when GHG emissions should be down by 55%. It will also lay the groundwork for investing in a climate-neutral future for the continent towards the yet-to-be agreed objectives for 2040. So, when the European Commission presented its proposal for a €2 trillion multiannual financial framework (MFF) just before the summer break, there was good reason to carefully study the details from the perspective of closing the EU’s climate investment deficit.  

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer