Sunday, December 20

Copenhagen climate deal meets qualified UN welcome

UN Secretary General Ban Ki-moon has welcomed a US-backed climate deal in Copenhagen as an "essential beginning".

But he said the accord, reached with key nations including China and Brazil, must be made legally binding next year.

After intense wrangling, delegates passed a motion simply taking note of the deal, without formally adopting it.

The pact did not win unanimous support, amid outrage from some developing nations who said it lacked specific targets for reducing carbon emissions।

US-LED COPENHAGEN DEAL

  • No reference to legally binding agreement
  • Recognises the need to limit global temperatures rising no more than 2C above pre-industrial levels
  • Developed countries to "set a goal of mobilising jointly $100bn a year by 2020 to address the needs of developing countries"
  • On transparency: Emerging nations monitor own efforts and report to UN every two years. Some international checks
  • No detailed framework on carbon markets - "various approaches" will be pursued

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