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The following article was published in our article directory on December 13, 2010.
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Cancun Climate Change Negotiations Conference Results Been Widely Recognized

Article Category: Business Management

Author Name: Amanda xzh

After five hours of "overtime", the United Nations climate change negotiations in Cancun last Beijing at 19:00 on December 11th (local time at 5:00 on the 11th) reached a draft document covering a package of issues, "Hom Queensland agreement. "

Cancun finally reached the two resolutions, namely, the "Kyoto Protocol" Annex I Parties, the Ad Hoc Working Group on Further Commitments for the resolution, and the "United Nations Framework Convention on Climate Change" Ad Hoc Working Group on long-term cooperative action to resolution. The two resolutions is that the parties in the last two weeks of negotiations to result, adhere to the conventions, protocols and the "Bali roadmap", adhere to the "common but differentiated responsibilities" principle to ensure next year's negotiations continue in accordance with the "Bali road map "to determine the two-track manner.

However, economies of greenhouse gas emissions in developed economies such as the Climate Fund, funding issues, "Cancun agreement" quantified targets have not yet introduced, which also held in Durban, South Africa next year for the next round of global climate negotiations, the task is still arduous.

Results are widely recognized

Legally binding final agreement on climate talks in Cancun was not available. "Cancun Agreement" provides that: agree with the "Kyoto Protocol" The working group completed the second commitment period should be negotiated as soon as possible to ensure commitment in the period between the two does not appear empty when; agreement also strengthens the economy had promised emission reduction targets and provides for developed economies to improve their emissions and emissions reporting.

In addition, this meeting focused on the financial issues are also gained some achievements. "Cancun Agreement" concerned that the collective commitment of developed economies to provide additional funds in 2010 to 2012 $ 30,000,000,000 start quick start-up capital, the fund will give priority to the development of the most ecologically fragile economies; in long-term capital issue, the decision "additional proportionate, predictable and adequate funds available to developing economies," and recognize the advanced economies in 2020 should raise 100 billion U.S. dollars for the joint development of economies.

The outcome of the Cancun meeting, the "Kyoto Protocol" has been insisted in Cancun, also reflected in the second commitment period, "we will have the meeting in South Africa" Kyoto Protocol "the substance of the second commitment period of the discussions and negotiations, development economies would particularly like to address the financial, technical, forests and adaptation need to be further implemented. "

Cancun meeting emission reduction has made progress on transparency, object, basic principles and some factors have been confirmed, "the meeting in South Africa will discuss some details to work out a mechanism for transparency."

Cancun greatest achievement is recognized in accordance with the "Kyoto Protocol" along the "track" the global climate negotiations, according to the "Bali road map" the path of the guidelines, thus changing the climate negotiations in Copenhagen last year, will field almost as well as "single-track "situation; more importantly, proving that the multilateral mechanisms to promote the negotiation process, the parties confidence in the multilateral mechanism.

Funds and has not yet quantified emission reduction targets

The issue of climate fund, "Cancun agreement" has not given specific quantitative requirements of funding sources, which will be meeting next year in Durban, South Africa is a major problem. In her view, the developed economies in Cancun refused to honor its financial commitments made in Copenhagen, simply because of its reluctance by the government as the main source of funds.

Similarly, the economies of the further reduction would make the task difficult Durban, South Africa. According to the present situation, the EU committed to 2020 based on 1990 emissions levels 20%, Japan and the U.S. commitment to emissions reduction targets by 2020 based on 2005 levels were 15% and 17% reduction; and development in the hope that the developed economies, economies based on the total emissions in 1990, more than 40%.

Insiders pointed out that the Cancun meeting, a lot of work to do, including developing economies would particularly like to address the financial, technical, adaptation and other issues need to be further implemented; transparency of the object, the basic principles and elements Although recognized However, meeting in Durban, South Africa needs to be discussed in some detail, to work out a mechanism for transparency.

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