The Agreement on Climate Transformation 2015 (ACT 2015) consortium of climate experts from developing and developed countries will put forward an innovative framework for the forthcoming UN Framework Convention on Climate Change (UNFCCC) agreement in 2015.
The consortium has developed three potential visions for what the agreement would look like and has analyzed those three propositions for economic feasibility and the likelihood to keep global average temperature below 2 degrees Celsius. They will present these visions in a series of convenings around the world, engaging a wide range of decision-makers and stakeholders. The consortium will also conduct research on the areas of reducing emissions, adapting to the impacts of climate change, financing the transition and building resilience, how to make country actions transparent and how to future proof the post-2020 regime. Based on this research and analysis and the feedback from the convenings, the consortium will prepare a complete draft proposal for the 2015 climate agreement. An accompanying memo will explains why certain choices have been made and why the agreement put forward would have the highest probability of success for catalyzing an effective, fair, and ambitious transition to a low-carbon and climate resilient future in developed and developing countries.
The Three Visions
STEADY: Focus on ambitious national targets and measures that provide a high probability of staying below 2 degrees Celsius, embedded in a global treaty with moderate transparency and accountability of implementation.
DYNAMIC: Less ambitious short-term national targets and measures but they are embedded into a dynamic architecture that ramps up ambition on a regularly scheduled basis in the future. Less short-term ambition means a greater focus on funding for adaptation and taking care of those that experience loss and damage.
INNOVATIVE: A phase out of GHG emissions to net zero by 2050 creates a clear signal for the longer-term which is coupled with a more flexible approach for the short-term. New types of commitments on actions and finance are included.
Convenings around the world will explore the three options for the agreement based on the different elements of the agreement (e.g., MRV), their economic and political feasibility, and environmental integrity. They aim to enable key government decision-makers, business and civil society leaders to understand the choices that have to be made regarding the international agreement, the implications of the various options, and the links to national priorities. We will engage a wide range of stakeholders on these questions, including major emerging economies, least developed countries, small island developing states, the private sector, and civil society organizations.
Robust Research and Analysis Resulting in a Final Proposal
The ACT 2015 consortium will also conduct research to understand the implications of the key elements of the agreement, including mitigation, adaptation, finance, technology, transparency of action, and capacity building. It will prepare impartial assessments of how these proposals would contribute to closing the emissions gap and constitute an ambitious and equitable global agreement. These will be enabled through an environmental integrity analysis, an integrated analysis of the outcome based on the work around the economics of boldness, and a review of the political feasibility. Based on this research, analysis and a wide range of inputs, the ACT 2015 consortium will prepare a draft proposal for the 2015 climate agreement. This proposal will be accompanied by an explanation of the elements of the proposal and why it will have the highest probability of success for catalyzing an effective, fair, and ambitious transition to a low-carbon and climate resilient future both in developed and developing countries. The proposal will provide a key input to policymakers and negotiators as they look to conclude a new international agreement by the end of 2015.