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
  • 11/07/2025 Foreword of the week
    COP30: On Financing, the Time for Negotiation Is Over

    “What agreement will the negotiators reach?” is the question that is usually on climate practitioners’ minds at this time of the year. However, this time, it is a new impetus that is needed, not another agreement. 10 years after the Paris Agreement, the Brazilian COP30 presidency has rightly shifted the focus to execution, making this edition “the implementation COP.” On financing, the objectives set at COP29 are clear: developing countries should receive $300 billion per year by 2035 from developed countries (NCQG), and mobilise $1.3 trillion per year from all actors. The newly published “Baku to Belém” roadmap proposes solutions to meet the targets. We now have objectives and a list of (theoretical) means to achieve them. How do we move to implementation? 

  • 11/05/2025 Blog post
    From Pledges to Progress: Climate Finance a Decade After Paris

    Nearly a decade has passed since the Paris Agreement elevated finance to the heart of the climate agenda, embedding in Article 2.1(c) the ambitious goal of aligning global financial flows with low-emission, climate-resilient development. But for all the talk of “shifting the trillions,” we remain far from course. 

  • 10/31/2025 Foreword of the week
    A Paris Climate & Nature Week with a touch of ‘green budget’

    We were proud to contribute to the inaugural Paris Climate & Nature Week hosted by Sciences Po from 27 to 29 October, marking the 10 years of the Paris Agreement. I4CE weighed in on some of our core topics– lessons learnt over the past decade of climate action which can accelerate the  transition; the links between climate and development finance; as well as adaptation and the cost of inaction.

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