Saturday, 12 December 2015

COP21 Paris - Climate Change - Conference Agreement


COP21 media coverage
COP21 has reached the end of its negotiations and the host nation, France, has submitted the draft text for voting by the 195 nations. At around 20 pages this is significantly shorter than the previous 29 pages and contains a number of critical elements -
  • the draft climate agreement would seek to limit global warming well below 2 degrees Centigrade aiming for around 1.5 degrees Centigrade,
  • a system of five-yearly reviews and monitoring of each nation's progress is proposed,
  • climate financing for developing nations of at least $100b by 2020 would be provided.
Despite the relative logic of these core elements there remains considerable barriers to achieving full agreement and compliance with the multitude of nations whose support is essential.

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