Домой United States USA — Financial Light at the end of the tunnel for climate talks

Light at the end of the tunnel for climate talks

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A global market for carbon credits may be among the solutions.
KATOWICE, Poland — A deal on the rules that govern the Paris climate accord appeared within grasp Saturday, as officials from almost 200 countries worked to bridge remaining differences after two weeks of U. N. talks in Poland.
The 2015 Paris Agreement was a landmark moment in international diplomacy, bringing together governments with vastly different views to tackle the common threat of global warming. But while the accord set a headline target of keeping average global temperatures from rising by more than 2 degrees Celsius (3.6 Fahrenheit) – or 1.5 C (2.7 F) if possible – much of the fine print was left unfinished.
The meeting in Poland’s southern city of Katowice was meant to finalize how countries report their emissions of greenhouses gases – a key factor in man-made climate change – and the efforts they’re taking to reduce them. Poor countries also wanted assurances on financial support to help them cut emissions, adapt to inevitable changes such as sea level rise and pay for damage that’s already happened.

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