The move towards global and immediate action on climate change has been agreed as part of the Copenhagen Accord, following two weeks of intensive negotiations and two years of talks.
The Accord – agreed by major developed and developing country leaders and backed by a large majority of countries – reinforces the need for strong domestic action on climate change across the world, as the UK is itself doing through its Low Carbon Transition Plan.
The Accord agreed at Copenhagen represents the start of a new chapter on climate change, even if it does not provide everything we wanted.
The Accord includes:
- international backing for an overall limit of 2 degrees on global warming;
- agreement that all countries, developing as well as developed countries, need to take action on climate change;
- and the provision of immediate and longer term financial help to those countries most at risk of climate change.
For the first time, the new Copenhagen Accord will also:
- List what each and every country is doing to tackle climate change – including economy-wide commitments to cut emissions by developed countries and actions by developing countries.
- Introduce real scrutiny and transparency to ensure emission targets are put into effect, with mandatory reporting every two years for developing countries.
- Provide billion of immediate short term funding from developed countries over the next three years to kick start emission reduction measures and help the poorest countries adapt to the impacts of climate change.
- Commit developed countries to work to provide long term financing of 0 billion a year by 2020, a figure first put forward by Prime Minister Gordon Brown in June of this year.
What happens next? |