European Commission: Climate Policy Post-Copenhagen

The European Commission released a report on how to move forward after Copenhagen. It is a fairly uninteresting report, with no major surprises. The things we found interesting are:
1) ...the Bonn meeting should bring the developed country targets and developing country actions submitted under the Accord into the formal UN negotiating process.
2) The EU's objective for Cancun should therefore be a comprehensive and balanced set of decisions to anchor the Copenhagen Accord in the UN negotiating process, and to address the gaps. There should also be a formal decision on the listing of developed country targets and the registration of developing country actions, including the methods to account for these. All the decisions should come under an "umbrella" decision to provide the overall political framework.
3) Very little mention of REDD in the 12 page document, despite REDD+ having its own mechanism in the Accord as well as a meaningful SBSTA decision.
4) The Commission will assess the merits and drawbacks of alternative legal forms, including of a second commitment period under the Kyoto Protocol.
5) Among the most difficult negotiations in Copenhagen were those on monitoring, reporting and verification (MRV). Transparency is key to ensure mutual trust and demonstrate the effectiveness and adequacy of targets and actions. The Climate Change Convention and its Kyoto Protocol provide basic standards of MRV, through national communications and inventories. The Copenhagen Accord requires the strengthening of this system. This must be one of the priorities in the work to anchor the compromises in the Copenhagen Accord in the UN process.

The full title of the report is:
COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS
International climate policy post-Copenhagen: Acting now to reinvigorate global action on climate change
{SEC(2010) 261}