Carnegie Endowment for International Peace
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The Copenhagen Accord represents a step forward in dealing with the climate change, but two problems—the insistence on binding, internationally-agreed-upon targets and the conflation of the mitigation and aid agendas—should be avoided in the future.
As the global recovery gains momentum, policy makers are signaling intentions to begin phasing out emergency stimulus measures. However, the risks of reversing policies too soon continue to outweigh those of exiting too late.
Criticism of China’s pledge to reduce its carbon intensity by 45 percent by 2020 is ill-founded; it only serves to provide cover for U.S. opponents to climate change action, and risks blocking effective progress.
On December 6, 2009, the Iraqi parliament finally passed an election law for the 2010 elections. The law deals with the most controversial issues regarding the election.
Clearly it is in Russia's interest, while maintaining its strong positions in India, to search for a way to move beyond the traditional spheres of cooperation, in order not only to maintain the strategic nature of their bilateral relations in the long run, but, using these relations, to enhance the innovative character of its own economy.
With external pressure and internal problems causing increasing strain in Pyongyang, the Obama administration’s Special Envoy to North Korea can afford to be patient and wait out Kim Jong Il’s maneuvers over nuclear talks.
Asset prices are soaring in emerging markets as investors, borrowing cheaply in mature economies, search for higher-yielding investments. While prices are not yet abnormal, they may challenge recoveries in emerging markets.
The Obama administration announced its new Afghanistan strategy, which asks European allies to send as many as 5,000 extra combat troops in support of a war which more than two-thirds of the European public believe is already lost.
Copenhagen is not likely to deliver a legally-binding, multilateral agreement on carbon emissions. However, trade negotiations provide lessons on how to enact far-reaching reforms even in the absence of a global deal.
Russian President Medvedev’s draft Treaty on European Security aims to create an undivided Euro-Atlantic security space and bury the legacy of the Cold War. It is a positive step, but concrete action is needed to reconcile the differing interests and potential tensions of the parties involved.