The road to Copenhagen and the role of carbon markets | Practical Law

The road to Copenhagen and the role of carbon markets | Practical Law

In December 2009, environment ministers and officials will meet in Copenhagen for the 15th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). At Copenhagen, inter-governmental negotiators will try to agree a new climate treaty to succeed the Kyoto Protocol. Given the high expectations of an agreement being reached at Copenhagen, the lack of progress at meetings held during the summer of 2009 in preparation for the conference has raised questions concerning whether and what kind of an agreement could possibly be reached in December.

The road to Copenhagen and the role of carbon markets

Practical Law UK Articles 0-500-2881 (Approx. 10 pages)

The road to Copenhagen and the role of carbon markets

by Anju Sanehi and Scott J Stone, Hunton & Williams LLP
Law stated as at 01 Jul 2009 • European Union, USA (National/Federal)
In December 2009, environment ministers and officials will meet in Copenhagen for the 15th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). At Copenhagen, inter-governmental negotiators will try to agree a new climate treaty to succeed the Kyoto Protocol. Given the high expectations of an agreement being reached at Copenhagen, the lack of progress at meetings held during the summer of 2009 in preparation for the conference has raised questions concerning whether and what kind of an agreement could possibly be reached in December.
This article is part of the PLC multi-jurisdictional guide to environment. For a full list of jurisdictional Q&As visit www.practicallaw.com/environmenthandbook.