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Funding Scheme for the Bali Action Plan Overview of the Swiss Proposal

International Affairs Division. Funding Scheme for the Bali Action Plan Overview of the Swiss Proposal. Bonn, 5 April 2009. The Swiss Proposal in brief. Polluters pay principle Levy on GHG emissions: 2 US$/ton CO2 Common but differentiated responsibilities

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Funding Scheme for the Bali Action Plan Overview of the Swiss Proposal

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  1. International Affairs Division Funding Scheme for the Bali Action PlanOverview of the Swiss Proposal Bonn, 5 April 2009

  2. The Swiss Proposal in brief Polluters pay principle • Levy on GHG emissions: 2 US$/ton CO2 Common but differentiated responsibilities • Exemption from the tax up to: 1,5 ton CO2/cap • Net transfer of money from high income countries (>20’000 US$/cap) to middle income countries (15’000-20’000 US$/cap) and low income countries (<15’000 US$/cap) Transfer through a Multilateral CC Fund • Prevention pillar: risk reduction • Insurance pillar: risk transfer

  3. Multilateral Fund (18.4bn) 1. Prevention (9.2bn) 2. Insurance (9.2bn) 60% (14.0bn) High income National Fund 40% (9.3bn) Middle income 30% (1.3bn) National Fund 70% (3.0bn) Low income > 1.5 tCO2/cap 15% (3.1bn) National Fund 85% (17.6bn) General overview Low income < 1.5 tCO2/cap 2 x 9.2bn

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