Key points in the Lima climate agreement

The Times of India , Monday, December 15, 2014
Correspondent :
LIMA: UN member countries agreed on Sunday on a format for national pledges on curbing Earth-warming greenhouse gas emissions to be introduced next year.

The pledges:

* Should be submitted by the first quarter of 2015 by "those parties ready to do so", and as soon as possible thereafter by the rest.

* Will be self-determined.

* Must improve on a nation's current carbon-cutting undertakings.

* May include information on the base year used as a reference for emissions cuts, time frame for implementation, and the methodology for calculating the numbers.

* Will be published on the website of the UN Framework Convention on Climate Change (UNFCCC).

* Will be assessed by the UNFCCC secretariat, which will prepare a report by November 1, 2015, on their aggregate effect on the UN goal to curb global warming to two degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial levels.

They need not:

* Include information on rich countries' planned financial assistance for developing nations, as requested by many, though the text "urges" such support.

* Detail assistance for developing nations' climate adaptation plans. Parties are merely invited to "consider including an adaptation component".

* Despite demands by nations at the highest risk from global warming, the text does not call for a process to ramp up pledges if their aggregate effect is found lacking.

* Least developed countries and small island developing states are exempt from pledging, but may communicate information on low-emissions strategies if they wish.

* Negotiators also undertook to complete before May 2015 a working draft for a new global climate pact that must be inked in Paris in December.

 
SOURCE : http://timesofindia.indiatimes.com/home/environment/global-warming/Key-points-in-the-Lima-climate-agreement/articleshow/45511207.cms
 


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