Sunday, December 16, 2007

Climate Change Deal upon US consensus

The Bali Roadmap – “a real breakthrough”

Excerpt - The roadmap does not include the firm emission reduction targets which the European Union and the Intergovernmental Panel on Climate Change had been demanding, although it does state that emission cuts are necessary. Environmental groups and some delegates criticized the draft for not going further, describing it as a missed opportunity.

Under the roadmap approved at the Bali summit, nations will hold a two-year series of talks to negotiate a new treaty which will succeed the Kyoto Protocol after it expires in 2012. According to the plan, the successor treaty will be adopted at a UN climate conference in Copenhagen in late 2009.

The roadmap also includes measures to promote the transfer of environmentally friendly technologies to developing countries and to halt deforestation. It also launches a so-called "Adaptation Fund" which will help poor countries cope with the negative consequences of climate change, such as rising sea levels. ~SPIEGEL INTERNATIONAL

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