Federal Department of the Environment,Transport, Energy and Communications DETEC
Federal Office for the Environment FOEN
Funding Scheme for the Bali Action PlanOverview of the Swiss Proposal
Bonn, 5 April 2009
International Affairs Division
2 Funding Scheme for the Bali Action Plan | A Swiss ProposalThomas Kolly, FOEN
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 Funding Scheme for the Bali Action Plan | A Swiss ProposalThomas Kolly, FOEN
General overview
Low income< 1.5 tCO2/cap
Multilateral Fund(18.4bn)
1. Prevention(9.2bn)
2. Insurance(9.2bn)
High income
National Fund 40% (9.3bn)
60% (14.0bn)
Middle income
National Fund 70% (3.0bn)
30% (1.3bn)
Low income> 1.5 tCO2/cap
National Fund 85% (17.6bn)
15% (3.1bn)
2 x 9.2bn