COP21: Paris Climate Change Talks Major Points
COP 21 – the 21st session of the Conference of the Parties – will see more than 190 nations gather in Paris to discuss a possible new global agreement on climate change, aimed at reducing greenhouse gas emissions to avoid the threat of dangerous warming due to human activities.
Major points of contention include:
- Limits: The UN has endorsed a goal of limiting global warming to no more than 2C over pre-industrial levels by the end of the century. But more than 100 poorer countries and low-lying, small-island states are calling for a tougher goal of 1.5C.
- Fairness: Developing nations say industrialized countries should do more to cut emissions, having polluted for much longer. However, rich countries insist that the burden must be shared to reach the 2C target.
- Money: One of the few firm decisions from the 2009 UN climate conference in Copenhagen was a pledge from rich economies to provide $100 billion (93 billion euros) a year in financial support for poor countries from 2020 to develop technology and build infrastructure to cut emissions. Where that money will come from and how it will be distributed has yet to be agreed.