PARIS BREAKTHROUGH?
Paris climate change deal: new draft cuts through key sticking points; French foreign minister says Paris talks are ‘extremely close’ to agreement but negotiations will overrun into Saturday
Lenore Taylor, 11 December 2015 (The Guardian)
“Negotiators in Paris are within reach of a global agreement to curb greenhouse emissions to 2030 and beyond…When the Paris meeting began there were 1,609 [bracketed disagreements]...By Thursday night, it was down to 50 [key issues of dispute. The US is insistent any words about loss and damage – the idea that the agreement should recognise some countries will suffer irreparable harm – should not suggest liability or compensation or open any possibility of legal action against US companies]…Vulnerable island states and many countries who support the idea of an ambitious agreement are insisting it clearly recognise that climate science requires global warming to eventually be contained below 1.5C…Developing countries are insisting the agreement is clear about the funding they might receive to help reduce emissions and cope with locked-in climate change, with the $100bn a year in public and private finance now promised by 2020 as minimum for post-2020 funding…The draft text proposes a global stock-take in 2019 – before the new greenhouse gas reduction pledges covering the period between 2020 and 2030 begin, and then national reviews in 2020 for countries with a 2025 target and the option of reviews for those with a 2030 target…” click here for more
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