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Beyond Lima: Major Investors Must Fund Global Green Initiatives

2014-12-15 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: The United Nations climate talks in Lima, Peru -- the worlds most recent attempt to reach an agreement on how to deal with climate change -- limped to a late close in the small hours of Sunday morning after narrowly avoiding breakdown. After 12 days of meetings and more than 36 continuous hours of last-ditch negotiations, a loose draft emerged that provided for non-binding commitments from each nation to reduce its fossil fuel emissions. But a final deal that satisfies both rich and poor countries,...

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Late deal in Lima saves UN climate talks from collapse

2014-12-15 12:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: UN talks in Peru have concluded with agreement on a pathway towards a deal to address climate change in Paris next December. With the summit 33 hours in overtime the 195 countries taking part finally agreed to adopt a four page document that explains the types of national climate targets they will need to deliver in the next six months. Under the proposals the world`s leading economies will still need to reveal how they will slash carbon emissions by March 2015, with others following by June....

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Lima climate deal: what was agreed   what wasn't

2014-12-15 10:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: UN climate negotiations wrapped up in Lima on Sunday with a modest agreement about the building blocks of a deal due to be agreed on in Paris in a years time. Following are details of the agreements: Greenhouse gas plans All countries will be asked to submit plans for curbing greenhouse gas emissions, known as Intended Nationally Determined Contributions, or INDCs, to the United Nations by an informal deadline of 31 March 2015, as the core of a Paris deal. But there will be few obligations...

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Weak deal at Lima climate talks disappoints climate hawks

2014-12-15 07:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: The U.N. climate summit kicked off two weeks ago with an unfamiliar sense of optimism, invigorated by the recent agreement between the United States and China. But it ended with an all-too-familiar sense of disappointment. On early Sunday morning, delegates delivered a vague, four-page document that does little more than set the terms for what the parties will be battling over at the next big summit in Paris a year from now. After two weeks huddled in sweaty, sweltering tents (yes, many a greenhouse...

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Paris climate summit tougher job after modest Lima deal

2014-12-15 07:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A Paris summit in 2015 will face a tougher task to agree a U.N. deal to slow climate change after the hopes of many that cooperation between Washington and Beijing would be a magic key to end global gridlock dissolved in chaotic preparatory talks in Lima. At best, Paris may be a chance to reform a sprawling system of annual U.N. talks - more than 11,000 delegates attended the two-week talks in a tent city in Lima - and find ways to boost long-term action to stem rising greenhouse gas emissions....

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