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This is an interesting analysis of the Copenhagen talks:

Fuqiang Yang, director of global climate solutions, WWF International

The negotiations in Copenhagen ended without a fair, ambitious or legally binding treaty to reduce greenhouse gas emissions. Despite this, what emerged was an agreement that will, at the very least, cut greenhouse gases, set up an emissions verification system, and reduce deforestation. Given the complexity of the issue, this represents a step forward.

I hasten to add that much of the hard work still lies ahead. The Copenhagen accord, the text that came out of the talks, leaves a long list of issues undecided. Among them are the emissions targets industrialised nations will accept, and how much climate finance they will offer.

The accord essentially allows countries to set their own greenhouse gas emissions reduction goals for 2020.

Read the complete article here:

http://www.businessgreen.com/business-green/analysis/2255444/copenhagen-climate-deal

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