Conclusions: the Future Architecture

1
Conclusionsthe Future Architecture

• Working Group IV

2
The Future Architecture (1)

• There is a need for a post-2012 regime
• There is a need for a long-term objective -
  environment, business, society as a whole
• Broader engagement of important emitters is
  important
• Other developed countries (US!)
• Developing countries different approaches
  importance of carrots broader links with
  other development issues

3
The Future Architecture (2)

• Need for mid-long term certainty for business
  debate on type of targets that can provide this
• What other instruments can stimulate technology
  development and transfer?
• There is a role for flexible mechanisms in future
  regime but ensure their cost-effectiveness,
  minimise transaction costs

4
The Future Architecture (3)

• Level playing field is important how to address
  competitiveness concerns?
• Discussion on costs and their distribution
• direct and indirect costs of measures
• costs of climate change impacts and costs of
  adaptation
• Role of adaptation in post-2012 regime?
• Need to engage the public raise consumer
  awareness