Document summary
Time is running out for agreement on the post-Kyoto international climate regime and breakthrough expectations in Durban are low. The private sector is a critical partner for success in low carbon investment. The Green Climate Fund must focus on leveraging private sector investment and begin operating quickly. Funds could be dispersed partly in support of implementation of developing countries’ low-carbon action plans. Agreeing a carbon price is essential. Durban outcomes must pave the way for greater progress in Rio. Case studies and best practices in mitigation and adaptation are emerging so is experience from public-private partnerships.