Power Generation | Fossil Fuels

COP17 draws to a close with the EU’s roadmap still on the table

As the United Nations’ climate change summit in Durban, South Africa draws to a close, the possibility of reaching a deal on a legally binding treaty is centring around the EU’s proposal.

The EU’s ‘roadmap’ proposal would begin negotiations on a new legally binding treaty for 2020 onwards, with participants signing up to the new treaty by 2015.

But while some 120 nations are backing the proposals, the roadmap has still not garnered clear support from the three largest emitters, China, the US and India.

The somewhat ‘late’ deadline for the treaty to come into force is meant to account for nations’ own – not legally binding – emissions targets, which were agreed at the past two summits in Copenhagen and Cancún.

The success – or failure – of the plans could hinge on the US and China, both of which are due to hold press conferences this afternoon.

For further information:
www.cop17-cmp7durban.com/

09 December 2011

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