ECO is eager for the discussions on Workstream 2 to start. Without a strong outcome on pre-2020 ambition, we are likely to lose any chance of keeping global warming to below 2°C, let alone 1.5°C. ECO would like to suggest a few surgical insertions for our patient to grow into a strong and healthy workstream:
ECO 2, ADP2-11, English
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Flexible mechanisms should not be so pliable that they undermine the already impoverished collective ambition of Parties. The Paris agreement needs to ensure that all Parties are decarbonising their economies and commit to the phase-in of 100% renewable energy by 2050. For this to be possible, any use of carbon markets must be supplemental to strong domestic action.
Many countries have been saying that differentiation needs to be inserted back into the text. And ECO agrees. How would we otherwise be able to reach a dynamic differentiation approach for the Paris agreement and unlock the needed ambition?