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The United Nations Climate Change Conference held in Copenhagen
ended on Saturday, 19 December 2009.
The main outcome of the conference was a political agreement
- known as the Copenhagen Accord - to cap the global temperature
rise by committing to significant emission reductions and
to raise funds to help the developing world address climate
change.
The Copenhagen Accord -
- recognises the objective to keep the maximum global average
temperature rise below 2°C and the need for a review in
2015 to consider a possible goal of a maximum temperature
rise of 1.5°C using new scientific insights;
- calls for listing economy-wide emission reduction targets
for developed countries and mitigation action by developing
countries by 31 January 2010;
- recognises the need for enhanced action on adaptation
to reduce vulnerability and building resilience in developing
countries, especially least developed countries, small island
developing states and Africa;
- outlines the main elements of developed countries' commitments
for new and additional funding for both adaptation and mitigation
in developing countries, including a Fast Start programme
(US$30bn) for 2010–2012 and long-term finance (US$100bn
annually by 2020). This funding will come from a wide variety
of sources - public and private, bilateral and multilateral;
- stresses the importance of establishing robust monitoring,
reporting and verification;
- highlights the need for setting up, immediately, mechanisms
for reducing emissions from deforestation and forest degradation
and other land use changes - and
- recognises the need to step up action on the development
and transfer of technology.
The challenge will now be to turn this political agreement
into an effective and legally binding agreement by COP16 in
Mexico (29 November-10 December 2010).
See also -
- UNFCCC on the outcomes of COP15 - Click
Here
- EU Environment Council conclusions on COP15 -
Click
Here
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