There were three things that resulted from the talks in Copenhagen:
- A 13 paragraph ‘political accord‘ was agreed by most of the parties, but could only be ‘noted’ by the COP because there was not consensus.
- The negotiations on extending the Kyoto Protocol had unresolved issues, and the next meeting in Mexico will return to this. The key text that resulted from the Kyoto side of the negotiations is here.
- The negotiations on long-term cooperative action also had unresolved issues, which the Mexico meeting will have to resolve. The key text that resulted from the long-term cooperative action (LCA) side of the negotiations is here.
What did not result from Copenhagen was a framework for developing a fair, ambitious and legally binding agreement. What was positive about the accord was a commitment on finance from developing countries, which would add up to $100 billion per year by 2020, but whether actual commitments will add up to this number is still unresolved.
While the the Kyoto and LCA negotiations did not result in a successful conclusion, the draft texts are now considerably shorter, and the unresolved issues are more obvious. Whether there is a successful outcome to the negotiations at a later date depends crucially on how these issues get resolved.
Some undecided issues related to the Kyoto Protocol include how land use, land use change, and forestry is accounted for; carry-over of permits from the first commitment period (hot air); the scale of the Annex I (developed country) commitments; and how these commitments are represented in a table, and the issue of base years and reference years (a less important issue, but the one that takes up most of the negotiators time). The most important unresolved issues for the LCA track are the precise nature of developing and developed country mitigation commitments and actions, and whether anything from the text will facilitate a legally binding agreement.