UN Climate Negotiators Ink Deal in Lima

Negotiators have reached a deal at United Nations (UN) talks in Peru, setting the stage for a global climate pact in Paris in December 2015. The agreement, dubbed the Lima Call for Climate Action, for the first time in history commits every nation to reducing its rate of greenhouse gas emissions.

“As a text, it’s not perfect but it includes the positions of the parties,” said Peru environment minister and conference chair Manuel Pulgar-Vidal.

In addition to an “ambitious agreement” in 2015 that reflects each nation’s “differentiated responsibilities and respective capabilities,” the Lima document calls for submission of national pledges by the first quarter of 2015 by those states “ready to do so” and for setting of national targets that go beyond countries’ “current undertaking.”

Countries already imperiled by climate change, such as small island states, were promised a “loss and damage” program of financial aid.

Through Belgium’s pledge of $62 million, the UN Green Climate Fund met its initial target of $10 billion to aid developing countries in curbing carbon emissions.

“There is still considerable work to be done,” said Felipe Calderon, former president of Mexico and chairman of the —> Read More Here


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