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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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In the end, 188 countries voted in favor of the motion, with Cuba, Bolivia, Sudan, and Venezuela voting against it. All agreements would be legally binding, and would be subject to independent verification. Weech secured consensus before mid-morning by calling a vote to “take note” of the accord, rather than approve it.

Climate 236
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Based on calculations by the International Energy Agency (IEA), 75% of the growth in the world’s energy demand from 2005 to 2030 will come from developing countries. Other transaction costs include the search of partners, the drafting of contracts, legal assistance, etc. The OPEC Fund for International Development (OPEC Fund).