After 72 hours of continuous wrangling, the 17th conference of the United Nations Framework Convention on Climate Change wrapped up early Sunday with modest accomplishments: the promise to work toward a new global treaty in coming years and the establishment of a new climate fund, according to a story in the New York Times:
The deal on a future treaty renews the Kyoto Protocol, the fraying 1997 emissions agreement that sets different terms for advanced and developing countries, for several more years. But it also begins a process for replacing the Kyoto agreement with something that treats all countries — including the economic powerhouses China, India and Brazil — equally.
The deal on a future treaty was the most highly contested element of a package of agreements that emerged from the extended talks among 200 nations here.
The expiration date of the protocol — 2017 or 2020 — and the terms of any agreement that replaces it will be negotiated at future sessions.
The delegates also agreed on the creation of a fund to help poor countries adapt to climate change — though the precise sources of the money have yet to be determined — and to measures involving the preservation of tropical forests and the development of clean-energy technology. The reserve, called the Green Climate Fund, would help mobilize a promised $100 billion a year in public and private financing by 2020 to assist developing countries in adapting to climate change and converting to clean energy sources.
The conclusion of the meeting was marked by exhaustion and explosions of temper, and the result was muddled and unsatisfying to many. Observers and delegates said that the actions taken at the meeting, while sufficient to keep the negotiating process alive, would not have a significant impact on climate change.
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