At a press briefing in Lima on Tuesday Davey said he is eager to achieve progress on developing the rules to govern a global agreement, including on carbon markets and the system for monitoring, reporting and verifying emissions.
This comes after Foreign Office said that the drive towards a global system for carbon emissions is moving forward due to the “determination” of the Chinese to establish a national carbon trading scheme by 2016.
The UK is also pushing for an agreement on the information a country must set out in its carbon reduction contribution so these are transparent and comparable; development of draft elements of a global climate deal ahead of the Paris climate summit next year; and for more action by countries to cut their emissions before 2020 – when a new deal would come into effect.
Davey said: “We must make progress in Lima to a deal next year – there is no alternative that will protect our national security, our economy and the way of life we take for granted.”