(5 Dec 2019) Protesters gathered outside the United Nations Climate Change Conference in Madrid on Thursday, calling on Japan to stop supporting the use of coal, domestically and internationally.
One protester donned an oversized mask meant to represent Japanese Prime Minister Shinzo Abe, while another held up a sign reading, "Japan: stop coal finance".
Officials at this year's U.N. climate talks are hoping to achieve a breakthrough in long-running efforts to agree on rules for a global carbon trading system.
Economists say establishing an international market for carbon could unlock billions of dollars' worth of investments as countries and companies seek the most cost-effective way to cut emissions.
But the issue, known in the parlance of climate diplomacy as 'Article 6,' has defied agreement for years.
"There are some fundamental differences between parties that remain and it's going to be a lot of work to try to resolve those issues," said Kelly Levin, Senior Associate with the global climate program at World Resources Institute.
"This is really a COP that is dedicated largely to Article 6," she said, adding that a year of technical work and political pressure "will certainly aid the negotiations".
With pressure growing from governments to resolve the deadlock, environmental campaigners say the two-week meeting in Madrid might finally result in a deal, after agreements were reached last year on almost all other parts of the rulebook governing the 2015 Paris climate accord.
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