
This weekend represents a major transition point in the COP21 Paris climate talks.
Negotiators who have been working away to shorten and clarify an international climate treaty will now pass on a draft text to ministers and their lead negotiators for an intense final week of high-level deliberations.
The nearly 200 countries involved in the talks hope to finalize a document by next Friday. There is still a tremendous amount of work to be done.
The key issues for all parties include climate finance — how wealthy countries will help developing nations transition off of fossil fuels and adapt to climate impacts — as well as loss and damage (which includes the issue of insurance and compensation), human and indigenous rights and whether the global climate treaty will lock in a 1.5 or two degrees of warming target.
A final issue has to do with the legally binding nature of the climate treaty and how the progress of countries — whether or not they are sticking to their own commitments — is reviewed (this issue is generally called MVR: monitoring, verification and review).
So here’s a quick overview of what we know about Canada’s view on each of these hot button points.