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Dec 14, 2018

Double Counting of Emissions Reductions is 1 of SIDS concerns

Carlos Fuller

Countries have not been able to come to a consensus on certain points. One of the areas that the small island developing states are concerned about is the issue of double counting emission reductions. Here Carlos Fuller explains exactly what that issue is and why they have been sticking to it:

 

Carlos Fuller, Negotiator

“In the Kyoto protocol, a market mechanism was established where a developed country could invest in a developing country to reduce their emissions of greenhouse gases but the credit would then go to the country which actually invested in it. Now, in the case of the Paris Agreement, all countries would be on the same par. Now, some countries have said that within their own national boundaries they cannot reduce their greenhouse gases enough; they would then buy those credits from another country that had exceeded what they have done and then use that to meet their needs. So, for example, a country like Belize, where we might be able to generate more credits because of our forest resources, our use of renewable energy. If we exceed what we said we would do, then we can sell it to a country that does not meet it. Then, obviously, Belize can’t take credit for reducing a thousand tonnes and the other country says I reduced a thousand tonnes and I got it from Belize so it has two thousand tonnes and the atmosphere only sees one. So, that kind of double counting we want to ensure doesn’t happen because then the atmosphere would not feel it and then small island states who are feeling the impact of climate change would feel it.”

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Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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