Paris : The climate conference here has been extended by another day, not for the first time at the conference of parties (CoP) seeking to narrow the difference between the developed and developing nations, reports IANS.
After what is being called a “hard night of negotiations”, French Foreign Minister Laurent Fabius said a final text would be presented on Saturday to overcome some of the divisions which still were ruling among parties. “We are in the final mode of what separates us from an ambitious, just and durable accord which the world awaits,” Fabius told the media after spending much of the night convincing parties to enter into a final give and take on climate decisions. Fabius also revealed a second draft text, running into 27 pages, two pages less than the first one released on Wednesday, which saw some narrowing down of positions between the developed and developing countries. The sticking points still seem to be on how much, and at what level, the developing countries must make the changes to tackle climate change. Also, how much money the developed world will commit to help the developing countries pay for the changes that would be required.
The accord aims to limit the global rise in temperature to less than 2 degrees centigrade since industrialisation started in the late 19th century.
The text also talks about setting up a mechanism through the Inter-governmental Panel on Climate Change (IPCC), a UN body, to find out what would be needed to limit this cap to 1.5 degrees as demanded by island states.
