Durban Sends Lightweight Signals For Sustainable Business

Published: 03 January 2012

4 pages

EXECUTIVE SUMMARY

This report provides Heads of Sustainability and Heads of Policy with an independent analysis of the key decisions adopted at the United Nations Climate Change Conference held in Durban. With the December 31, 2012 deadline of the 1997 Kyoto Protocol looming, Durban was an opportunity for policy makers to establish a new global climate change treaty, and ensure continuity of the mechanisms already in place. The conference, held in Durban in November and December 2011, began a negotiating process that will develop a new global climate change treaty by 2015 with implementation by 2020. Whilst a legally binding treaty to succeed the Kyoto Protocol did not materialize, Verdantix believes that the key outcomes for business are the survival of the Clean Development Mechanism value chain, and positive policy signals by China, India and the US that they will join a global climate change treaty.

TABLE OF CONTENTS

DURBAN SENDS LIGHTWEIGHT SIGNALS FOR SUSTAINABLE BUSINESS 

Conclusions Map Path To New Climate Change Treaty By 2015
Businesses On Road To Sustainability Will Take Heart From Global Action Signals 

ORGANIZATIONS MENTIONED

Ad Hoc Working Group on Further Commitments for Annex I Parties, ICE Futures Europe, Intergovernmental Panel on Climate Change, United Nations