Slow progress on global climate agreement in Lima

2014-12-05 13:42
Peruvian President Ollanta Humala attends a conference within the UN COP20 and CMP10 in Lima. (Eitan Abramovich, AFP)

Peruvian President Ollanta Humala attends a conference within the UN COP20 and CMP10 in Lima. (Eitan Abramovich, AFP)

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Lima - Negotiations around a draft for an upcoming global climate agreement are making slow progress at the UN conference in Lima, observers said on Thursday.

They said that industrialised nations want to tone down the proposed text where it would require them to commit more funds, while developing countries insist that it is wealthy nations who should be financing the fight against climate change.

In 2010, the more than 190 countries that are party to the climate talks formally established the Green Climate Fund. Developed countries were to fund it to the tune of 100 billion dollars a year by 2020.

This year's contributions have reached about 10 billion dollars. The money is intended to help developing nations adapt to increasing temperatures and install technology to fight climate change.

Mohamed Adow, a climate expert with the NGO Christian Aid, compared negotiations on the first few days of the 12-day conference to a helicopter maneuvering in a storm.

Adow demanded that industrialised nations accept a comprehensive mechanism to monitor their promises.

That is the only way to guarantee that commitments made are fair and to allow the world to achieve the goal of limiting global warming to a maximum of 2°C, he said.

Delegations from 195 countries are discussing in Lima the draft of a global climate agreement that is to be signed in Paris in late 2015.

Delegates are also negotiating national commitments to reduce greenhouse emissions blamed for global warming, which are to be formally made by March. Next week, ministers will take the floor and lead debate in the Peruvian capital.

Read more on:    peru  |  climate change

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