Monday, December 26, 2011

Durban Climate Deal: Staying Alive to Fight Another Day

Marathon sessions in Durban produced a global climate deal early Sunday morning, after the official talks were scheduled to complete. The world's governments have agreed on a mandate to adopt a legal agreement on climate change no later than 2015, which will come into force in 2020.

The Durban deal is a significant political breakthrough – the first time the world's emerging economies have agreed to enter into a legal arrangement on emissions reduction. The agreed package also includes a second commitment period under the Kyoto Protocol and the design of a Green Climate Fund to help poor countries tackle climate change.

See full Article.