18.12.2009

A draft climate pact seems to be emerging today at the UN conference in Copenhagen, calling for a two degree Celsius cap on global warming and €70 billion in aid for poorer nations by 2020.

The political agreement falls short of a legally binding pledge to cut greenhouse gas emissions, which was an initial target at the COP15 conference in Copenhagen. Late night talks on Thursday continued until early Friday morning, the last day of a two-week long event gathering some 120 world leaders.

http://euobserver.com/9/29176/?rk=1