Last month the 150 mph tropical cyclone Sidr hit the coast of Bangladesh claiming at least 2000 lives. More than 1 million people fled and took refuge at cyclone shelters heeding the calls of the recently set up early warning systems. This system operates with a high tech satellite tracking system on one hand, and a group of volunteers carrying bullhorns on motorbikes in the other. The deaths and losses are indeed saddening but the fact that a similar cyclone in 1991 took away at least 140,000 lives gives us some perspective on the immeasurable benefits of early preparedness. This example was given yesterday by one of the panelist at a side event on the ‘economics of adaptation’ at the on going UNFCCC conference in Bali
As the 2nd week of negotiations begins at UNFCCC in Bali, many questions remain surrounding efforts to reduce emissions from deforestation in developing countries (REDD) in a post-2012 international climate regime. Negotiators have failed to agree on REDD issues, frustrating an essential component to save the world’s tropical forests and combat climate change.
There are three key issues that must be resolved as delegates work out the details of any REDD agreement:
- Parties must define a timeframe for deciding on reference emissions scenarios. Without these deadlines, REDD may never move forward.
- Negotiators should clarify whether REDD will function through a market mechanism or a fund