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The Copenhagen Accord: A Stepping Stone? January 2010 © WWF International, 2010 © 1986 Panda symbol WWF-World Wide Fund For Nature ® “WWF” and “Living Planet” are WWF registered trademarks 11.09 (7.5M) Copenhagen Accord – a stepping stone? 2 Introduction After the Copenhagen Climate Summit the world still needs a fair, ambitious and binding treaty to protect people and nature from runaway climate change. This paper identifies important next steps governments should take on a path towards agreeing such a treaty. First, it assesses the outcome of the Copenhagen Climate Summit and details the strengths and weaknesses of the Copenhagen Accord. Then it outlines how the Accord could become an instrument to accelerate progress in the ongoing UN climate negotiations. Finally, the paper identifies some parameters to judge the adequacy of what countries put forward when taking the suggested steps. Summary The Copenhagen Accord is far from the fair, ambitious and binding deal the world needs to prevent dangerous climate change. Based on an analysis of the Accord’s strength and weaknesses, however, WWF believes it could become a stepping stone towards a fair, ambitious and binding deal. In WWF’s view, the Accord could inform and advance the UN climate negotiation process, for which a 2010 work plan and schedule must be established quickly. To utilize the Accord’s potential and to build trust, countries should submit their mitigation actions/targets by 31 January or as soon as possible thereafter. Countries should also make immediate progress towards operationalizing the funds, mechanisms and guidelines agreed in the Copenhagen Accord. Finally, they have to turn urgent attention to adaptation and adaptation finance, areas where the Copenhagen Accord is disappointing and particularly weak. These issues are hugely important for the most vu