The Bali Climate Change Conference closed on 15th December, what was the outcome and what does it mean?
The Bali road map ¡V The Bali Conference agreed to strengthen and to develop the Kyoto Protocol for it's second stage post 2012, to be agreed in Copenhagen in 2009. Developing countries agreed to take measurable, verifiable and reportable action and some agreements were reached regarding the transfer of clean technology to the developing world and for the provision of finance to those countries already suffering from the effects of climate change. However, agreements to reduce emissions from deforestation, which account for about 20% of global emissions, still have a long way to go and a loophole remains that may allow some industrialised countries to swap binding emissions reduction targets for voluntary goals. Although the Bali result is far from perfect, at least there was global consensus, including for the first time from the US, to strengthen the Kyoto Protocol. It is important that we all keep the pressure on for a strong second phase of Kyoto and for real action on climate change.
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