Publications

COP23: The Paris Agreement warms up before the big 2018 game

8 December 2017 - Climate Brief - By : Clément METIVIER / Vivian DEPOUES, PhD / Ian COCHRAN, Phd / Benoît LEGUET

COP23 was held from 6 to 18 November 2017 in Bonn, Germany. The conference had to demonstrate that despite recent political challenges, the new governance structure established by the Paris Agreement on climate could maintain the necessary momentum to achieve an ambitious low-carbon transition.

Three main outcomes were expected from COP23:

 

  • (1) assess the robustness of the multilateral framework formalized with the Paris Agreement;
  • (2) make significant progress in the definition of the mechanisms that will make the Paris Agreement operational;
  • (3) prepare the Facilitative Dialogue and spur the conditions for an increase in ambition. In a context of global climate urgency,

COP23 was able to confirm the commitment of the international community to implement the Paris Agreement, to maintain trust in the negotiation process with some notable achievements, and to highlight the cooperative initiatives of
the Action Agenda. The Action Agenda is an expanding movement, getting stronger and increasingly evolving outside of the negotiation sphere, led by a diversity of stakeholders that have made the goals of the Paris Agreement their own.

The Fijian presidency of COP23 managed to sustain a constructive dialogue in Bonn, yet the crucial and difficult question of ambition was raised again at COP23. With the opening of the Talanoa Dialogue, there is hope for concrete progress in the next few months. The way forward is however paved with major uncertainties, for example on the issues of financing and of cooperative mechanisms. The process will be under the spotlight in 2018, which will have to be the year where governments renew their political engagement on climate change.

 

 

COP23: The Paris Agreement warms up before the big 2018 game Download
I4CE Contacts
Vivian DEPOUES, PhD
Vivian DEPOUES, PhD
Senior Research Fellow – Adaptation and Local authorities Email
Benoît LEGUET
Benoît LEGUET
Managing Director Email
To learn more
  • 07/19/2024 Foreword of the week
    Public climate investment: there is no “magic” money but there is room for manoeuvre

    The recent election campaign in France didn’t give priority to the climate and environment. However, taking climate action is still widely supported by the French voters and most decision-makers. But a mandate to act is not enough. To make up for the current shortfall in climate investment, we need a solid consensus on the financial resources to be deployed to the climate transition in the long term. Today, these resources come partly from public budgets. And it is not a secret that the public contribution probably will have to increase in the future.

  • 07/18/2024 Blog post
    The Climate Investment Challenge behind the European Prosperity Plan

    Ursula Von der Leyen’s competitiveness agenda is grabbing headlines – but the hard work of climate implementation and investment is only just beginning. In this blog, Ciaran Humphreys and Dorthe Nielsen outline the challenges this era of implementation poses, and how to align climate ambition with the President’s economic vision.  Ursula Von der Leyen has been re-elected as Commission President – and by a wider margin than expected. Before the vote, she set out her political priorities for the next EU mandate. Her vision focused on themes of security, economic competitiveness, and enlargement – unsurprisingly so at a time when the EU is increasingly concerned about its place in the world. 

  • 07/12/2024
    Financing the climate transition in France: what room for manœuvre on public funding needs?

    France is facing a climate investment deficit relative to its climate objectives. Today, these investment are already putting a strain on public finances, whether in terms of investing in public facilities or co-financing projects by households and business. Increasing climate investments is therefore a challenge for public finances. But the scale of the challenge varies, depending on future policies. So what room for manoeuvre is there in terms of climate-related public spending needs?

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