Friday, December 17, 2010

Summary of the Cancún summit by the Pew Center

The Pew Center provided a summary of the Cancún summit here.
The agreements import the essential elements of the Copenhagen Accord into the United Nations Framework Convention on Climate Change (UNFCCC), including mitigation pledges and operational elements such as the Green Climate Fund for developing nations and a system of “international consultations and analysis” to help verify countries’ actions. Agreement hinged on finding a way to finesse the more difficult questions of if, when, and in what form countries will take binding commitments. The final outcome leaves all options on the table and sets no clear path toward a binding agreement.

Pew Center

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