Publications

COP22 in Marrakech: a push for accelerated action by 2018

Adopted in 2015 at COP21, the Paris Agreement defines ambitious objectives to orient countries towards developing low-carbon and climate-resilient economies, shifting to a carbon-neutral global economy before the end of the century. It establishes a multilateral cooperation framework governed on the basis of both national and voluntary contributions of States and the initiatives of non-State actors. Yet, this new dynamic needs to confirm its robustness and move forward in its implementation. Ensuring the sustainability of the momentum launched in 2015 and advancing in the definition of a common framework of the Agreement were the key challenges of COP22 held in Marrakech in November 2016.

This Climate Brief takes stock of the events leading up to COP22, the major outcomes of the conference itself, and defines the challenges ahead. It highlights that:

  • With the early entry into force of the Paris Agreement, international negotiations are entering a less political and more technical cycle.
  • A 2018 deadline has been defined, by which the rulebook (for transparency, enhanced ambition, financing, etc.) required for the implementation of the Paris Agreement should be agreed upon;
  • The principle of universality and the pillars of cooperation established by the Paris Agreement have endured an uncertain international political environment and brought about significant progress;
  • COP22 has carried forward the positive signal from the Paris Agreement on the importance of both State and non-state actors to engage in climate action;
  • The level of ambition and the speed of the low-carbon transition remain the main concern. At the time of writing, national contributions will not lead to an emission trajectory that is consistent with the long-term objectives of the Paris Agreement – limiting the increase of temperature well below + 2°C by the end of the century.

COP22 thus extended, without finishing, the chapter opened in Paris in  2015.

 

COP22 in Marrakech: a push for accelerated action by 2018 Download
I4CE Contacts
Morgane NICOL
Morgane NICOL
Program Director – Territories Email
Vivian DEPOUES, PhD
Vivian DEPOUES, PhD
Project Manager – Adaptation and Local authorities Email
Hadrien HAINAUT
Hadrien HAINAUT
Project Manager – Investment Email
Clothilde TRONQUET
Clothilde TRONQUET
Project Manager – Carbon certification Email
Benoît LEGUET
Benoît LEGUET
Managing Director Email
To learn more
  • 03/03/2023 Foreword of the week
    World Bank’s reform: almost a new pilot onboard

    After the sudden resignation of David Malpass, the World Bank’s Trump-appointed President, mid-February, Washington surprised the world again last Thursday, with the nomination of Ajay Banga, long-time Mastercard CEO, as his potential successor. Not only was the timing very rapid, but the controversial profile of the nominee also generated some sense of puzzlement. His limited […]

  • 03/01/2023
    Supporting financial institutions in developing countries in their alignment journey with climate goals

    This report co-written with NewClimate provides practical guidance for international financial institutions to support financial institutions’ alignment with the Paris Agreement goals, and to more broadly contribute to transforming local financial systems. This guidance is developed around three pillars: a harmonised alignment assessment; the alignment of financial intermediaries; and the alignment of financial systems at the national level.

  • 02/17/2023 Foreword of the week
    Climate transition plans for banks: European legislators on a razor’s edge

    The proposal for mandatory climate transition plans for banks is slowly making its way through the regulatory debate. Proposed by the European Commission and confirmed by the EU Council, this proposal has now also been taken up by the European Parliament. This obligation could be a game-changer for financial risk management and the alignment of financial flows with the transition to a low-carbon economy. It could lead banks to limit their activities in climate-damaging activities, adjust their business models, review their strategies as well as their governance and risk management procedures.

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