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The Copenhagen climate summit
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The Copenhagen climate summit

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Current status of the Copenhagen Climate Summit

The following has been agreed:

A commitment from wealthy and key developing nations to limit global warming to 2C

Between $25bn and $30bn in climate funds for poorer nations over the period 2010-12, with an annual sum of $100bn envisaged by 2020

A mechanism to verify each state's compliance with its commitment to curb greenhouse gas emissions

Areas of disagreement:

The amount by which developed countries must cut their greenhouse gas emissions
How much effort developing countries should make to curb their emissions
Procedures for monitoring and verifying each country's emissions
Whether countries should be legally bound to meet emission reduction targets
The amount of money developed countries should transfer to developing countries, to help them curb emissions and adapt to the effect of climate change
The mechanism for transferring this money, and how it should be raised
The future of the Kyoto Protocol - whether it should be part of the Copenhagen deal, or replaced by it
How many degrees of warming, above pre-industrial levels, should be regarded as the acceptable maximum












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