New draft climate agreement released

2015-12-09 18:04
The Climate Generations Areas at the COP21, United Nations Climate Change Conference, in Paris. (Francois Mori, AP)

The Climate Generations Areas at the COP21, United Nations Climate Change Conference, in Paris. (Francois Mori, AP)

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Paris - Negotiators at the Paris climate talks released a new streamlined draft climate text on Wednesday, narrowing down the key points of disagreement with little more than 48 hours left before the final deal is meant to be adopted.

With French Foreign Minister Laurent Fabius warning that "nothing is agreed until everything is agreed," the new draft resolved some of the major issues that have plagued negotiators while leaving other main questions unanswered.

The new agreement, which centred on nationally set emissions reductions plans, made developing countries actions dependent on "finance, technology development and transfer and capacity-building" from developed countries.

It also set out a rough preliminary set of rules for overseeing the national plans, which collectively come short of limiting global average temperature rise to less then 2°C.

Still undecided is whether the agreed-upon cap on global average temperature increases will be 1.5 or 2°C, and what the long-term goal will look like.

Countries will have to make sure their national emissions plans improve on their previous ambitions at regular intervals, the draft agreement says.

Read more on:    france  |  cop21  |  climate change

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