COP 21 – the 21st session of the Conference of the Parties – has seen more than 190 nations gather in Paris to discuss a possible new global agreement on climate change, aimed at reducing greenhouse gas emissions to avoid the threat of dangerous warming due to human activities.
Negotiations at the Paris Climate Summit were expected to wrap up on 11th of December 2015, but will instead go on until the 12th.
French Foreign Minister, Laurent Fabius, said “Things are moving in the right direction” however it currently looks as if more compromise is required for a deal is to be agreed. Any Agreement will come in to playin 2020. Mr Fabius said about the Conference that “The atmosphere is good, things are positive” and that a new compromise deal would be presented on Saturday.
Participants at COP21 – as the UN conference is called – have been working on a draft text, prepared by the French presidency, since Wednesday.
This was seen as a significant moment after discussions that began in 2011 about a new global agreement that would stake out a long-term strategy for dealing with climate change.
On Thursday France presented the latest draft paper and at 27 pages long, it is significantly shorter than previous drafts. The draft states that temperature rises must be kept “that well below 2C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5C”. Currently there are around 50 significant disagreements in the draft – down from 900 on the first day of COP 21.
It had been hoped a deal could be reached Friday but organisers said they wanted to give delegates more time for consultations rather than stick to the original schedule. The current draft has confirmed the need for quantified funding goals for both climate change mitigation and adaptation for the years after 2020.
Source:: Paris: Climate Summit 2015