COPENHAGEN CLIMATE SUMMIT & IMPLICATIONS

GIRISH JOSHI - 119 SWAPNIL GAIKWAD - 30 DINESH PATIL - 116 VINAYAK BANDKAR - 05 VINAYAK CHAVAN - 16 RAJESH RAUT - 118 RAJENDRA CHOUDHARY - 19 AYAZ SHAIKH 90 SANJAY LAKULE - 51 MUKESH PATEL - 18

MAJOR HIGHLIGHTS
Important milestone to address climate change at global level. h t l b ll l A political document with confusing negotiations. No legal status status. Implications are subject to debate. Commitment of all major economies to take concrete action on GHG EMISSION EMISSION. TARGET IS TO LIMIT THE GLOBAL TEMPERATURE RISE TO 2C. Lack of internationally agreed medium or y g pathway. Neither a perfect nor a final global climate deal. Has H a potential to unlock th problem of t ti l t l k the bl f climate change if implemented with ambition & spirit of co-operation.

INDUSTRIALIZED COUNTRIES
U ted United States

2nd biggest emitters in the world (represents 19.9% emissions share) Not a party to the Kyoto Protocol Emission cuts target: 17% of 2005 level by 2020, 80% by 2050.

Long supports to combat Climate Change. 20% emission reductions relative to 1990 level by 2020.

EU

25% below 1990 levels by 2020

Japan

The Biggest emission country per-capita 5-25% from 2000 levels in year 2020

Australia A t li

INDUSTRIALIZED COUNTRIES

China
No.1 GHG emissions in the world
T reduce carbon emissions per-unit of GDP by 40-45% of 2005 l To d b i i it f b 40 45% f level by lb 2020.

Indonesia
3rd biggest emitters in the world To reduce GHG emission by 26% by 2020 and 41% with supports from Developed Countries p

Singapore
Aim for 35% improvement on the Energy Efficiency Cut carbon emissions by 16% by 2020.

THE WAY TO COPENHAGEN

Target for Copenhagen: a get o Cope age
To establish a global emission reduction pathway. Developed countries to take on deep emission cuts. Developing countries to provide commitments on the emission reductions. Verifying mechanism on emission cuts cuts. Financial supports from rich countries.

Proposed emission cuts by the Scientist

To limit the global temperature rise to 2C. For Annex I: 25 40% below the 1990 level in 2020 25-40% 2020. For non-Annex I: 15-30% below the 1990 level in 2020

WHAT IS COPENHAGEN ACCORD

ON THE POLITICS ON THE SCIENCE ON ADAPTION DEVELOPED COUNTRY MITIGATION DEVELOPING COUNTRY MITIGATION O ON MRV SYSTEM ON FINANCE LEVELS ON REDD PLUS ON TECHNOLOGY

COPENHAGEN CONFERENCE
Having the US, China, India and other major developing countries sign up to a joint climate agreement for the first time. All of these countries also making unconditional national pledges to either cut or slow the growth of their emissions and/or implement specific measures to achieve this. Securing agreement on limiting average global temperature increase to 2oC or less. Developed countries commitment to provide US$30 billion of short term short-term funding through to 2012, and US$100 billion per annum of long-term funding by 2020, close to the level many had been demanding

THE GOOD BITS OF

THE MISSING BITS OF COPENHAGEN CONFERENCE

Lack of a long-term global emission reduction goal (e.g. 50% reduction of emissions by 2050) 2050). Lack of both individual and aggregate absolute emission targets for developed countries for 2020. Lack of relative emission reduction targets for developing countries for 2020. Absence of any reference to ag global emissions peaking date, or even a developed country peaking d d l d k date, meaning that, together with the above, no clear pathway for emissions has been agreed. No mention of a timetable for concluding a legally binding agreement agreement. Little or no reference to the need for, and role of, expanded carbon markets and no clarity over the future of the CDM and other market-based instruments. Lack of any obvious mechanism for regularly ratcheting up levels of ambition (apart from the 2015 review).

WHAT DOES THIS MEAN FOR BUSINESS

Commitment of all major countries to strengthen thei st engthen their national climate plans. plans Innovations to create a green technology. GREEN TECHNOLOGY : MONOPOLY MARKET, NO SUBSTITUTE, SINGLE SELLER, LARGE BUYERS. Working towards the sweet spot spot. Huge investment in R & D. Sustainable growth to companies companies. Benefits to both societies & business in long term Ambiguity regarding technology sharing. CASE STUDY : G.E & PEPSICO

THE G.E VISION GE

THE G.E VISION
Concept of Ecomagination by G.E CEO Jeffrey Immelt. Pro-environment Pro environment is smart business business. Double its annual investment in Green Technology to 1.5 billion USD by 2010 & will also double the revenue. revenue THE SUCCESS STORY GE Wind Energy quadrupled in revenues. revenues Products like fuel efficient jet & locomotive engines & natural gas turbines helps in reducing emission. Sold over 1 billion worth of wind & natural gas turbines to China since 2003.

NIKE S NIKES INITIATIVE

Most environmentally-friendly and technologicallyadvanced kit in football s history. football's Jerseys made entirely from recycled polyester, each one produced from up to eight recycled plastic bottles. Nikes fabric suppliers sourced discarded plastic bottles from Japanese and Taiwanese landfill sites. This process saves raw materials and reduces energy consumption by up to 30 percent compared to manufacturing virgin polyester. Nike prevented nearly 13 million plastic bottles, totaling nearly 254,000 kg of polyester waste, from going into landfill sites. This amount would be enough to cover more than 29 football pitches. p If the recycled bottles used to make the jerseys were laid end-to-end they would cover more than 3,000 kilometres, which is more than the entire coastline of South Africa.

FIFAS INITIATIVE
New stadiums built for the event include such environmentally friendly features Natural ventilation and rain water capture systems. Hosting cities Johannesburg, Cape Town, and Durban have undertaken large-scale tree-planting projects in an effort to soak up excess carbon dioxide. Even so, the carbon footprint of the 2010 so FIFA World Cup is expected to exceed by nine times. The larger carbon emissions will come from increased air traffic. The target for 2014 FIFA WORLD CUP is to create an event with zero carbon emission. The use of clean or renewable energy will be a priority. Products will be recycled, and garbage will be collected selectively.

THE IDEA OF PEPSICO

Pepsi is famous for its BLACK DRINK, p , sugary sodas & salty snacks. Making of a healthy product by purchasing TROPICANA. TROPICANA is Pepsis sweet spot of business & fastest growing segment. Social responsibility helped in increasing Pepsis Per Share Earning at 13% in 2004. Environmental Plans include reduce energy, waste & packaging, quality concerns for communities in which plants are located. Surpassed Coca Cola in market cap.

THE POLITICAL IMPLICATION

DEVELOPED V/S DEVELOPING NATIONS
Same set of rules for emission cuts. Differentiated treatment On financing levels. Differentiated treatment On Technology levels. ON M.R.V Second Protocol Commitment. Threat of power sharing.

ROLE OF INDIA
Collusion of developed & developing countries d ft t i draft. Obama Charms. Action on M.R.V clause. Identity makeover relating to CO2 emissions. Differentiated treatment on financing levels. Importance of technology sharing like Nuclear deal. Initiative by Indian companies to develop green technology.

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