Monthly Archives: October 2014

The United Nations Framework Climate Change Conference

The United Nations Framework Climate Change Conference

World leaders gather every year for the United Nations Framework Climate Change Conference (UNFCCC) to assess progress in dealing with climate change and negotiate protocols and treaties between countries to further address the plethora of issues. This includes plans for sustainability, funding and implementing renewable energy sources, and updating urban planning ideas and guidelines with energy efficiency and green building in mind; all of which is intended to meet the goal of dramatically reducing carbon dioxide emissions.

In 2015, the United Nations Climate Change Conference will meet again in Le Bourget, a northeastern suburb of Paris, France. Running from November 30th to December 11th, the 2015 meeting will be the 21st yearly session and focus on developing and funding the Green Climate Fund (GCF) and setting carbon pricing.

The GCF will transfer money from developed countries to underdeveloped countries, aiding them in investing in renewable energy, sustainable mass transportation, and green building projects. Perhaps the most contentious topic to be discussed is carbon pricing, where countries will be charged for their carbon dioxide emissions. The UNFCCC will decide on pricing as well as the inner-workings of the system, including whether the GCF will function as a tax or a cap-and-trade.

Any agreement reached will go into effect in 2020, leaving the conference time over the 5 years in between to finalize the details. The agreement will detail a list of protocols that all parties agree to be bound by, acting as an updated agreement to the 1997 Kyoto Protocol, which sets a binding emission reduction target for industrialized countries…


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