This study analyzes the climate change negotiations currently taking place at the United Nations Framework Convention on Climate Change (UNFCCC) conferences, reviews recent research papers related to the key agenda issues of the conferences, and evalu...
This study analyzes the climate change negotiations currently taking place at the United Nations Framework Convention on Climate Change (UNFCCC) conferences, reviews recent research papers related to the key agenda issues of the conferences, and evaluates legislations and policies of major countries on climate change, including the USA, to answer how Korea can function effectively in the climate change negotiations arena. In 2011, a series of four UNFCCC conferences, including the 17th Conference of the Parties (COP17) in Durban, South Africa, were held to reach agreements on the Post-Kyoto regime. In spite of the wide division between the Parties` stances, particularly between developed and developing countries, the Durban package including the Decisions for the establishment of the Durban Platform, the Green Climate Fund, the outcome of the AWG-LCA, and the outcome of the AWG-KP was eventually produced. Based on the outcomes of Durban COP 17, Korea may consider the following: First, it must search for ways to differentiate the commitments and actions of developed and developing country Parties within the single integrated framework beginning from 2020 based on the UNFCCC principle of the common but differentiated responsibilities and respective capabilities and developed countries` historical responsibility. Second, it would be important for Korea to be grouped with other major developing countries, such as China and India, since less action on the part of those countries would have great economic impacts on Korea. Third, Korea must find ways to actively participate in the development and revision process of the MRV guidelines because the negotiation will continue to focus on the enhancement of transparency and confidence-building. Fourth, Korea could consider increasing its financial contributions to climate finance as an advanced developing country and the one that wishes to host the Green Climate Fund in Korea.