Columbia International Affairs Online: Policy Briefs

CIAO DATE: 07/2008

The International Climate Change Agenda: Opportunities for the G8

Antony Froggatt

May 2008

Chatham House

Abstract

The countries of the G8 have a key role in establishing a global deal to reduce greenhouse gas emissions, not only because they produce 40% of global emissions, but because they can help facilitate the diffusion of the technologies necessary to stabilize the climate.

Energy efficiency holds the key to both energy and climate security. Currently available technologies and practices will enable short-term and long-term targets to be met. There is a need for international cooperation that leads to increased efficiency standards for products and structures, focused finances and greater human resources and knowledge.

Sector initiatives that help drive emissions reductions in heavy energy-consuming sectors will play an important role.

Reductions in energy consumption and greenhouse gas emissions can be significantly increased through greater technological innovation and diffusion. This can be enhanced through greater research cooperation, increased targeted finance and deployment agreements.