16. Recalling Articles [4.1(b)][2(a)] [and 4.2] of the Convention, developed country Parties shall implement their respective nationally appropriate mitigation commitments or actions, [which are measurable, reportable and verifiable,] including quantitative emission [limitation and reduction objectives] [reductions] and/or removals in the 2020/( ) time frame [, in conformity with domestic law] [and adjusted through multi-lateral negotiations]. They shall also formulate [, submit and implement] [and submit] low-emission strategies [that articulate an emission pathway[s] to 2050] [in pursuit of their quantified emission reduction commitments for 2020 and 2050], including long-term net emissionreductions of at least [( )] [40 per cent from 1990 levels by 2020 and 95 per cent][( )] by 2050.Mitigation commitments or actions by all developed countries shall be subject to measurement, reporting and verification [according to internationally agreed guidelines] [and compliance].
Alternative to paragraph 161:
Recalling Article 4.1(b) of the Convention and recognizing that the levels of ambition expected of Parties will necessarily evolve over time as their respective national circumstances and respective capabilities change:
With respect to developed country Parties:
(a) For each such Party, Appendix 1 (found in Addition 2 under proposals for additional sections/subsections at the beginning of chapter III of FCCC/AWGLCA/2009/INF.1) includes quantitative emissions reductions/removals in the 2020/[Annex] timeframe, in conformity with domestic law;
(b) Each such Party shall formulate and submit a low-carbon strategy for long-term net emissions reductions of at least [Annex] by 2050.
17. Developed country Parties shall register in their national schedules, as a minimum, an economywide quantified emission limitation or reduction commitment.2
18. Each developed country Party [and countries that voluntarily wish to be treated as developed countries] shall establish, regularly update and implement the contents of national schedules, which [shall][should] include long-term national GHG limitation or reduction pathways, quantified emission limitation or reduction commitments for 2020, and measurable, reportable and verifiable mitigation policies and measures designed to meet those commitments, subject to regular review by the COP. Each national schedule [shall][should] provide details on the goals, policies and measures that underpin the Partys commitments, including details on (1) expected emission reduction pathways, including mid- and long-term emission reduction goals, and (2) enabling domestic measures, such as emissions trading regimes and renewable energy targets.3
19. Nationally appropriate mitigation actions or commitments of Annex I Parties should include formulation, adoption and implementation of comparable sustainability norms as listed in annex. Such norms should include legal restraints and deterrent penalties for violation of adopted norms.
