Conference of parties -17 (COP-17) took place in durban. The summit appeared to go the Copenhagen way with the EU insisting that the world’s major emitters — US, China and India — start cutting carbon emissions as soon as the Kyoto Protocol expires in a year’s time and India and China opposing it. In the end, both sides were realistic enough to make compromises to produce what has been hailed as a “historic deal to save the planet”.
In the 2011 Durban Climate Summit it was decided that next year, when the current round of the Kyoto Protocol ends, talks will begin and end by 2015 with the objective of having emissions control agreements in place by 2020.
The management of a climate aid fund has also been agreed upon, although the source of financing remains undecided.
Although it is generally recognized that the agreements would not of themselves lead to achievement of the 2C limit in global warming that governments have professed that they want, the agreements to “further talks” means that at least many governments accept that definite action is needed by both developing and developed countries. The Durban group’s agreements also accept the need for climate change to be tackled using the weight of international law.
The so-called “green fund” or climate-aid fund of some $100 billion per year is intended to help poor countries develop using clean technologies, thereby reducing their future carbon footprint.
In the 2011 Durban Climate Summit it was decided that next year, when the current round of the Kyoto Protocol ends, talks will begin and end by 2015 with the objective of having emissions control agreements in place by 2020.
The management of a climate aid fund has also been agreed upon, although the source of financing remains undecided.
Although it is generally recognized that the agreements would not of themselves lead to achievement of the 2C limit in global warming that governments have professed that they want, the agreements to “further talks” means that at least many governments accept that definite action is needed by both developing and developed countries. The Durban group’s agreements also accept the need for climate change to be tackled using the weight of international law.
The so-called “green fund” or climate-aid fund of some $100 billion per year is intended to help poor countries develop using clean technologies, thereby reducing their future carbon footprint.
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