Sunday, 12 December 2010

Deal is reached at Cancún summit

Photo by Philippe Rekacewicz, UNEP/GRID-Arendal

The UN climate change talks produced a modest deal today that for the first time commits all the major economies to reducing emissions, but not enough to meet their promise of keeping the global temperature rise to 2C.
The agreement, which took four years to negotiate, should help to prevent deforestation, promote the transfer of low-carbon technologies to developing countries and, by 2020, establish a green fund, potentially worth $100bn (£63bn) a year, to shield the more vulnerable countries from climate change.


Photo source:  http://maps.grida.no/go/graphic/greenhouse-effect