CANCUN AGREEMENT

 CANCUN AGREEMENT

The official talks of CONFERENCE OF PARITIES (COP-16) ended on December 10 ,2010 at Cancun, Mexico and marked a turning point in the global negotiations to agree a global deal to tackle dangerous climate change.

Key outcomes from the agreements at the Summit are:

·                                 Objective: agreed to peak emissions and an overall 2 degree target to limit temperature rise.

·                                 Emissions: bringing details of what developed and developing countries are doing to tackle climate change,                           promised in Copenhagen, into the UN system so they can be assessed.

·                                 MRV: agreed a system so we know how countries are living up to their promises to take action on emissions

·                                 Long-term finance: established the Green Climate Fund and will start to get it ready to help developing countries go low carbon and adapt to climate impacts.

·                                 Deforestation: agreed to slow, halt and reverse destruction of trees and agree the rules for delivering it and for monitoring progress.

·                                 Technology/Adaptation: set up the mechanisms to help developing countries access low carbon technology, and adapt to climate change

THTHE COP-17 WILL BE HELD AT DURBAN,SOUTH AFRICA FROM NOV28th   TO DEC 9th,  2011.