Record long UN Climate talks end in compromise deal
Divisions over the question of the carbon market were delayed until the next year’s conference in Glasgow
Delegates at the UN have reached an agreement on increasing the global response to curbing carbon, reports the BBC.
All countries are to put new climate pledges by the next year's conference in Glasgow.
According to the BBC report, divisions over the question of the carbon market were delayed until the next talks.
Keep updated, follow The Business Standard's Google news channel
After two extra days of negotiations, delegates finally agreed to improved carbon-cutting plans on the table by next year.
All parties have agreed to address the gap between what is necessary to avoid dangerous climate change and the current state of play which might see the world go past the threshold by the 2030s.
Since ambitious initiatives pushed by the European Union and smaller island states were opposed by countries such as the US, Brazil, India and China, a compromise deal had been agreed.
The BBC added that the richer nations would have to show that they have kept their promises on climate change before 2020.
