Conference of the Parties 7 (COP 7)
Climate Talks in Marrakech, Morocco
October 29 - Novomber 9, 2001
International climate change negotiators in Marrakech, Morocco, reached agreement today on a complex set of decisions spelling out rules for implementing the Kyoto Protocol. The decisions by the Seventh Session of the Conference of the Parties to the UN Framework Convention on Climate Change, known as COP-7, provide detailed "legal" text elaborating on the broad principles of the Bonn Agreement, reached in July at COP 6.5 in Bonn, Germany.
Major areas covered in the Marrakech Accords include:
In addition, the Conference appointed 10 members and 10 alternates to the CDM Executive Board, nearly doubled Russia's allocation for forest management sinks credit, and approved a declaration to the World Summit on Sustainable Development next September in Johannesburg, South Africa.
The Marrakech Accords effectively complete the work under the Buenos Aires Plan of Action, adopted at COP-4, and set the stage for countries to ratify the Protocol and bring it into force. The Protocol will take effect only when ratified by at least 55 countries accounting for at least 55 percent of developed country emissions of carbon dioxide in 1990. Many countries expressed the hope that entry into force will be achieved by the time of the Johannesburg summit.
The United States participated in the Conference but reaffirmed that it does not intend to ratify the Protocol.
Key Decisions in Marrakech
Mechanisms and Accounting
The Protocol establishes three market-based mechanisms aimed at achieving emissions reductions as cost-effectively as possible. They are emissions trading (the buying and selling of emissions credits among Annex I countries, which are those with binding emission targets); Joint Implementation (allowing one country with a target to receive emissions credit for a specific project undertaken in another country with a target); and the Clean Development Mechanism, or CDM (allowing developed countries to receive emissions credit for financing projects that reduce emissions in developing countries).
Key decisions include:
The Protocol establishes the principle that countries may receive credit toward their emissions targets for carbon absorbed by forests, soils and other so-called "sinks." The Bonn Agreement defined the kinds of sinks activities that are eligible and, for forest management, set country-specific caps for each Annex I country. The Marrakech Accords:
The Bonn Agreement defined the broad outlines of a compliance regime overseen by a Compliance Committee with facilitative and enforcement branches. The agreement also set consequences for failing to meet an emissions target, including: restoration of tons at a rate of 1.3 to 1 (a country must make up its shortfall, plus 30 percent, in the next target period); suspension of eligibility to sell credits; and development of a compliance action plan. Parties took conflicting positions in Marrakech on the legal character of the compliance regime - specifically, whether the consequences for non-compliance should be legally binding. The Marrakech Accords:
Review of Adequacy of Commitments
The agenda for each of the last three COPs has called for a review of the adequacy of commitments under the Framework Convention, but each time the item has been deferred, in part because developing countries are not prepared to discuss the question of whether they should take on binding commitments. In Marrakech, the parties agreed to consider at COP-8 how to frame the issue for discussion at COP-9. A workshop is to be held next year to review the most recent report of the Intergovernmental Panel on Climate Change as guidance for future discussions.
Input to the World Summit on Sustainable Development
The Conference adopted a Marrakech Ministerial Declaration providing input to the summit, which will be held in September 2002 in Johannesburg. The declaration emphasizes linkage between sustainable development and climate change; reaffirm development and poverty eradication as the overriding priorities of developing countries; and calls on countries to explore synergies between the Framework Convention and conventions on biodiversity and desertification.