Paris climate change talks yield first draft amid air of optimism

EarthzinePolitics

Representatives of both countries and green groups say compared to Copenhagen five years ago, French summit has been more cordial and efficient
Negotiators paving the way for a global climate change agreement in Paris have cleared a major hurdle, producing a draft accord in record time and raising hopes that a full week of minister-led talks can now clinch a deal despite many sticking points.
No part of the deal has been finalised because in the end it is likely to be a tradeoff between developing countries’ demands – particularly for financing to help cope with the impacts of locked-in climate change – and wealthier nations’ insistence that over time all countries properly account for the progress they have made towards emission reduction goals. Continue reading…