Kyoto Basket Attracts Developing Country Interest at COP3
Put forward by the Philippine delegation at COP3, a smorgasbord
menu of volunteer green energy initiatives drew considerable interest
among developing country delegates and parliamentarians from both
North and South.
Entitled Climate Stabilization Strategies: The Kyoto Basket,
(the text is on pages 4 and 5) this document was endorsed unanimously
by the Global Legislators for a Balanced Environment (GLOBE) on
the motion of Philippine Senator Heherson Alvarez, supported by
John Gummer, former UK environmental secretary.
Not tied to binding national emission allocations, the Kyoto
Basket may provide a basis for common North-South action in the
months leading to COP 4. Drafted by the Climate Institute in cooperation
with a number of Asian and European parliamentarians and climate
experts at Oxford University, the Kyoto Basket envisions a declaration
by interested governments of an intention to work toward the goal
of the Framework Convention by choosing from a comprehensive list
of particular initiatives suited to individual national circumstances.
A declaration based on the Kyoto Basket would not be legally
binding and hence would not require Parliamentary ratification
as would a protocol in most countries. The measures in the basket
could, in many instances, begin immediately rather than waiting
for the completion of a possibly prolonged ratification process.
Unlike the thrust of the Protocol, the Kyoto Basket focuses on
enhanced investment in commercialization of green energy, especially
wind, solar, biomass, geothermal, hydrogen fuel cells and energy
efficiency. It builds on the proposal of the February 1995 Manila
Asia Pacific Leaders Conference on Climate Change convened by
Philippine President Fidel Ramos. A central component of that
conference’s Manila Declaration was a call for the creation
of an international public-private partnership to accelerate applications
of greenhouse benign energy.
It envisions a shift by industrialized countries of their roughly
seven billion dollar annual energy R&D to focus largely on
renewables and energy efficiency with special attention to applications
in rural areas of developing countries. Multinationals and bilaterals
would refocus their energy investments to address the two billion,
mostly rural dwellers, who now lack access to electricity. Building
on a green energy revolution already underway through initiatives
of some countries, especially Denmark, Costa Rica, the Philippines,
and India, and private firms, the Basket seeks to facilitate such
partnerships.
The core of this effort is a blending of three elements - more
enlightened public investment, including a phasing out of subsidies
that entrench fossil fuel industries, private sector innovation,
and green purchasing both through public and consumer sector marketsbegin
immediately rather than waiting for the completion of a possibly
prolonged ratification process.
Unlike the thrust of the Protocol, the Kyoto Basket focuses on
enhanced investment in commercialization of green energy, especially
wind, solar, biomass, geothermal, hydrogen fuel cells and energy
efficiency. It builds on the proposal of the February 1995 Manila
Asia Pacific Leaders Conference on Climate Change convened by
Philippine President Fidel Ramos. A central component of that
conference’s Manila Declaration was a call for the creation
of an international public-private partnership to accelerate applications
of greenhouse benign energy.
It envisions a shift by industrialized countries of their roughly
seven billion dollar annual energy R&D to focus largely on
renewables and energy efficiency with special attention to applications
in rural areas of developing countries. Multinationals and bilaterals
would refocus their energy investments to address the two billion,
mostly rural dwellers, who now lack access to electricity. Building
on a green energy revolution already underway through initiatives
of some countries, especially Denmark, Costa Rica, the Philippines,
and India, and private firms, the Basket seeks to facilitate such
partnerships.
The core of this effort is a blending of three elements - more
enlightened public investment, including a phasing out of subsidies
that entrench fossil fuel industries, private sector innovation,
and green purchasing both through public and consumer sector marketsbegin
immediately rather than waiting for the completion of a possibly
prolonged ratification process.
Unlike the thrust of the Protocol, the Kyoto Basket focuses on
enhanced investment in commercialization of green energy, especially
wind, solar, biomass, geothermal, hydrogen fuel cells and energy
efficiency. It builds on the proposal of the February 1995 Manila
Asia Pacific Leaders Conference on Climate Change convened by
Philippine President Fidel Ramos. A central component of that
conference’s Manila Declaration was a call for the creation
of an international public-private partnership to accelerate applications
of greenhouse benign energy.
It envisions a shift by industrialized countries of their roughly
seven billion dollar annual energy R&D to focus largely on
renewables and energy efficiency with special attention to applications
in rural areas of developing countries. Multinationals and bilaterals
would refocus their energy investments to address the two billion,
mostly rural dwellers, who now lack access to electricity. Building
on a green energy revolution already underway through initiatives
of some countries, especially Denmark, Costa Rica, the Philippines,
and India, and private firms, the Basket seeks to facilitate such
partnerships.
The core of this effort is a blending of three elements - more
enlightened public investment, including a phasing out of subsidies
that entrench fossil fuel industries, private sector innovation,
and green purchasing both through public and consumer sector marketsbegin
immediately rather than waiting for the completion of a possibly
prolonged ratification process.
Unlike the thrust of the Protocol, the Kyoto Basket focuses on
enhanced investment in commercialization of green energy, especially
wind, solar, biomass, geothermal, hydrogen fuel cells and energy
efficiency. It builds on the proposal of the February 1995 Manila
Asia Pacific Leaders Conference on Climate Change convened by
Philippine President Fidel Ramos. A central component of that
conference’s Manila Declaration was a call for the creation
of an international public-private partnership to accelerate applications
of greenhouse benign energy.
It envisions a shift by industrialized countries of their roughly
seven billion dollar annual energy R&D to focus largely on
renewables and energy efficiency with special attention to applications
in rural areas of developing countries. Multinationals and bilaterals
would refocus their energy investments to address the two billion,
mostly rural dwellers, who now lack access to electricity. Building
on a green energy revolution already underway through initiatives
of some countries, especially Denmark, Costa Rica, the Philippines,
and India, and private firms, the Basket seeks to facilitate such
partnerships.
The core of this effort is a blending of three elements - more
enlightened public investment, including a phasing out of subsidies
that entrench fossil fuel industries, private sector innovation,
and green purchasing both through public and consumer sector markets.
