(...) 2. What are the EU's expectations for COP25?
At COP25, the EU will deliver a strong political message on the
urgent need for enhanced global action in light of the climate emergency
and reaffirm its commitment to the multilateral process. The EU will
encourage the effective implementation of the Katowice rulebook as soon
as possible by all Parties, emphasise the importance of working to
enhance global ambition in response to the latest science, and encourage
ambitious action by all Parties and stakeholders.
A key topic for the negotiations will be the single element of the
Rulebook left outstanding in Katowice: the guidance on voluntary
cooperation and market-based mechanisms under Article 6 of the Paris
Agreement. Securing a meaningful outcome for market measures under
Article 6 of the Paris Agreement is important for the European Union.
The EU is committed to working with all Parties to agree a robust set of
decisions that ensure the integrity of these markets through clear
accounting rules. Compromises that put environmental integrity at risk
are not acceptable to us. The decisions we take at COP25 must prevent
the double-counting of emissions reductions. The decisions should also
create strong incentives to reduce emissions now and in the future. This
means avoiding the use of past emissions reductions to undermine
current and future ambition.
The new mechanism under Article 6.4 should avoid the weaknesses of the Kyoto Protocol Mechanisms.
We must also complete the second review of the Warsaw International
Mechanism for loss and damage associated with the impacts of climate
change, complete the review of the Lima work programme on gender, and
advance technical work on the arrangements under the enhanced
transparency framework that enables Parties to track progress towards
their commitments under the Paris Agreement.
The EU attaches great importance to stakeholder engagement in COP25,
particularly on Oceans. The Chilean Presidency has made this a top
priority for this “Blue COP”. (...)

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