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Environment projects
The climate change regime architecture includes monitoring, reporting, review and compliance systems. The monitoring and review systems encompass both GHG emissions estimates, information on policies and measures and finance mechanisms. Both developed and developing countries take part in these processes but to differing extents, due to these countries’ respective capacities. These systems perform a crucial role in the effective functioning of the climate change regime. They can assess overall and individual party's progress towards treaty goals. These systems allow countries to demonstrate what action they are taking on climate change and can help build trust and foster confidence in the treaty. They can also facilitate and promote efforts and give parties and other entities the opportunity to learn from and assist each other in the development of best practice in tackling climate change.They are also fundamental to the operation of the Kyoto Protocol's flexible mechanisms. The Bali Action Plan, launched at the UN climate change conference in 2007, has re-focused attention on the role of these systems in the climate regime by identifying a range of actions by countries that should be measurable, reportable and verifiable. Negotiations are currently underway on mitigation, adaptation, technology and financing and what shape the post-2012 regime should take. An agreement on the strengthened climate change regime is to be reached at the next UN climate change conference in Copenhagen, December 2009.
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