top of page

Richer countries agree to help poorer ones in climate change agreement

  • Writer: slew31
    slew31
  • Mar 31, 2017
  • 1 min read

(CNN) -- Nations working on a global treaty to combat climate change and handle its ill effects have come to a basic draft agreement at conference in Lima, Peru.

The elements hammered out in two weeks by about 190 countries at the 20th Conference of Parties (COP20) will serve as the basis for an international climate treaty to be signed in Paris next year, the U.N. Framework Convention on Climate Change said Sunday.

That treaty, which is supposed to detail nations' responsibilities in the fight against climate change, will come into effect in 2020.

The Lima draft announced Sunday determines that developed countries and developing nations will take on differing responsibilities in the fight against global warming "in light of different national circumstances."

The details of those responsibilities are to be determined later.

It also calls on richer countries to help poorer ones finance their goals -- especially countries hurt most by the "adverse effects of climate change" that are working to mitigate that damage.

Initial disagreement between nations over the distribution of responsibilities and costs had brought negotiations to a deadlock, causing the conference to be extended by two days.

A handful of developed and developing countries pledged contributions to the Green Climate Fund -- designed to finance sustainable development -- boosting it to nearly $10.2 billion.

 
 
 

Comments


Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

United States

1717 Pennsylvania Avenue NW   Suite 1025  

Washington DC 20006

Email: info@newleafafrica.com

Office: 202-618-4885

Ivory Coast

17 B. P. 506, 

ABIDJAN 17.

  • Grey Facebook Icon
  • Grey LinkedIn Icon
  • Grey Twitter Icon

Republic of Congo: B.

P. 15198, Avenue Alfred

Fourneau - Ex Trésor, BRAZZAVILLE

Sierra Leone Office 

New Leaf Africa

Off Cape Road 

Man of War Bay
Aberdeen
Freetown 
Sierra Leone 

Guinea

1er Etage Immeuble Zein Almamiya

Commune de Kaloum,

Conakry, Republique de Guinee

Email: info@afcomgroup.com

Office: +44.20.3411.9392

bottom of page