New commitment regimes should ideally be simple and workable in form and concept. Transparency is an important factor. The functions of monitoring and evaluation require special attention in designing new commitments.
IX Conclusions
In conclusion, it appears that the international community is serious in its approach to the threat of climate change. The Intergovernmental Panel on Climate Change in particular is a well-functioning and vibrant
institution, involving natural scientists as well as social science researchers from around the world in a concerted analytical effort. The various institutions and subsidiary bodies of the Framework Convention on Climate Change are also going about their work in a systematic manner, bearing in mind the notable differences among the participating governments. Nongovernmental organizations are monitoring the process with vigilance and are undertaking significant public education efforts. And there are signs that industry may be becoming less dominated by the most reactionary elements, as the insurance and financial sector, as weil as manufacturers and even some traditional energy producers, become more concerned about the long-term implications of the growing scientific consensus. AS! of this lends hope for further progress in applying the precautionary principle to the global danger of climate change at the Third Conference of Parties to the FCCC in Kyoto, Japan, in 1997.
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