Governments today reached an historic deal on climate change that commits all major economies to greenhouse gas cuts. The deal, brokered at international talks in Cancún, has been hailed as restoring faith in the multilateral UN process but will not reduce temperatures as much as scientists say is needed, and it pushes many of the most important decisions to future negotiations.
And from E May
It has left me pinching
myself. It is all beyond what I had hoped for.... It is not over yet.
So fingers crossed...
But the texts I am reading are on BOTH
the Kyoto Protocol (KP) and Long-term Cooperative Action (LCA under
the FCCC). They are both free of square brackets which means the
parties have agreed.
The KP text recognizes industrialized
countries need to reduce emissions 25-40% below 1990 levels by 2020.
It also sets out that a second commitment period under KP should use
1990 as a base year. It also recognizes the need to "raise the
level of ambition of emission reductions" from industrialized
The LCA text calls for no higher than 2 degrees, and
that there is a need to consider keeping below 1.5 degrees. It calls
for a "paradigm shift towards building a low-carbon society...".
It also establishes a Cancun Adaptation
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