IISD is kicking off the second week of the international climate change conference in Copenhagen with three separate side events to build momentum for low carbon development strategies, fossil-fuel subsidy reform and action on trade and climate change.
"Climate change is an urgent issue. It isn’t just an environmental issue anymore. It is also the economic and social issue of our time and the outside world is becoming increasingly frustrated at the lack of progress displayed in the conference centre," Runnalls said.
"While governments talk about the need to expand trade to help emerge from the economic crisis, much of the action at the legislative level seems designed to protect domestic industry, thereby threatening the integrity of the trading system," Runnalls said, adding that the world can’t afford to continue on this path.
"IISD has ideas for using trade to promote low carbon development and investment in renewable energy technologies. And while governments complain that their fiscal situations are too stretched to accommodate funding for clean energy research and for assisting developing countries with adaptation to climate change, they continue to pour subsidies into the fossil fuels, which are responsible for the climate problem in the first place.
"Our Global Subsidies Initiative is aimed at identifying the sources and extent of such subsidies so that they can be turned to more sensible solutions."
IISD’s side events will feature its senior directors and advisors including John Drexhage, Mark Halle, Peter Wooders and Aaron Cosbey, as well as other members of IISD’s climate change and energy team, and other panelists attending the Fifteenth Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) and Fifth Meeting of the Parties to the Kyoto Protocol (COP 15 and COP/MOP 5).