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The strategies for the Bali Roadmap and low-carbon Economy

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This research project is composed of four themes; including 1) The study on the corresponding strategy to the Bali Roadmap and key elements, 2) The exploration of international financial market in low carbon economy,3)Tracking and participating in the post-Kyoto research of major international organization, 4)The integration and propose of domestic compliance strategy. The findings and efforts are summarized as followings. For the first goal, the strategies of Korea, India, Singapore, China, US, EU and Japan in adaptation to the recent development have been included, especially the position each state has taken in the SB28 meeting. Also, the research team joined the delegation of Poznan COP14 Conference and collected the relevant progressive information of major countries (group) and the conference, including the legal documents distributed in AWG-KP 6.1 and AWG-LCA 3 meetings held in August, 2008. Next, for the second goal, the research focuses on the international carbon trading, especially voluntary carbon market development, including Kyoto Mechanism market, CCX, Japan and Korean carbon trading system, and the recent contribution from ICAP & CN Net. In regards to the establishment of Taiwanese carbon market, in addition to the continuing research on the related theories and foreign trading system, the research organized a series of wide coverage workshop (5 times) emphasizing on the relevant issues deliberation in depth, by inviting related public/private institutes to participation for the opinion convergence. At the end of this part, several carbon funds and insurance cases are firstly studied, where insurance tools, CCX option service corporation, and weather derivative goods are included. In the third part of this research, the research continues its former effort in maintaining the communication channel with major foreign agency and/or institute. Further, for the Poznan conference, the team also back with the delegation in preparing 8 talking points in both Chinese and English format and participate and/or support the enrollment of side events organized by IETA, so as to collect and summarize on the major development annotated by major international organizations; including those released by APEC, APP, G8 and the new development, also their negotiation framework/mechanism, kindly provided by the delegate of China, Japan, India, Korea, and Singapore. Finally, in the last part of the research, the research tries to propose on several recommendations; including the characteristics of variable commitment mode and its correlation with trading mechanism and other mitigation cap requirement, the target claimed and to be performed by individual/major country after Poznan conference, the short term and long term strategy of our domestic planning in international linkage (especially concerning the voluntary market development of Taiwan at its primary stage) , a primitive economic evaluation, on the sectoral basis, concerning the possible impacts of GHG mitigation to Taiwan subject, and the possible solution for Taiwan when we are excluded from the participation both in terms of legal and trade barrier perspectives.
Keyword
Post Kyoto, United Nations Framework Convention on Climate Change (UNFCCC), Bali Roadmap, Bali Action Plan, Assigned Amount Units
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