News

Paris, 11th of December 2015.

The COP21 French Presidency presented a new draft agreement late at night on the 10th of december and Ministers worked all night to make progress on the agreement. The text was balanced with firms commitments to limit global temperature increase to 1.5°C raising the ambition of the previous 2°C commitment and promising scaled up finance beyond 2020 using 100 billion US dollars a year as a floor for helping developing countries to reduce their emissions and adapt to climate change.

The text was rather balanced and included some of the top asks from civil society and the trade union movement.

But talks started to derail on the issue of differentiation of commitments between developed and developing countries, the robusteness of the review mechanism to ensure that the actions taken by countries would put us on a safe low carbon trajectory, and compensation for the loss and damage caused by climate change in the most vulnerable countries such as low-lying islands.

Minister Fabius and Ban Ki Moon announced that a new and final text would be presented in plenary for adoption on Saturday the 12th of december. All eyes are on Paris where the worl leaders need to deliver a strong, ambitious and fair deal for people and the planet.