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Peruvian Environment Minister Manuel Pulgar Vidal brought together negotiators at the United Nations’ climate summit early Saturday for a plenary session in which he urged them to agree on an outline text of a agreement that can serve as a basis for a new global treaty.
Efforts to hammer out the text at the COP20, as the 20th yearly session of the Conference of the Parties to the U.N. Framework Convention on Climate Change is known, have been bogged down over a couple of contentious issues: differentiation between developed and developing countries and financing for adaptation.

The United States has demanded that all countries do their part to reduce greenhouse gas emissions, saying the world is presently on a disastrous course.
Developing countries such as China and Brazil, however, demand that the new agreement adhere to the principle of “common but differentiated responsibilities,” which recognizes developed countries’ greater historical contribution to environmental problems and their greater economic and technical capacity to tackle them.
The issue of financing for adaptation is also a tricky one, with the United Nations Environment Program saying in a report released in Lima on Dec. 5 that the amount of money developing countries will need to adapt to climate change could be double or triple the current estimate of $70 billion to $100 billion a year.
Sources close to the negotiations told Efe that the Lima summit, which was to have concluded on Friday, will likely run until midday Saturday to resolve the sticking points and produce a deal that will then need to be further improved prior to COP21 in Paris in December 2015.
COP20 began on Dec. 1 and has drawn 10,300 delegates from 195 countries to make progress toward a new treaty that is take effect in 2020 and replace the Kyoto Protocol, which was adopted in 1997 and entered into force in 2005

vía :: EFE USA – Spanish-Language News :: Hispanic World.

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