The 2010 United Nations Climate Change Conference was held in Cancún, Mexico, from November 29th to December 10th, 2010. The expectations for the conference were slim following the non-binding Copenhagen Accord, which was put forth at last year’s conference in Copenhagen.
However, the Climate Change Conference in Mexico ended with the adoption of a balanced package of decisions that will put all of the governments on a path towards lower emissions in the future. The decision will also support and enhance action on climate change in developing nations such as China and India.
According to the Russian contingent there seems to be an "inconvenient" truth, in the ongoing lack of awareness in all nations regarding global warming. It is noted that in most countries the domestic problems take the forefront of decision making. In this day and age, the financial crisis, which affects nearly the entire industrialized world, gets the priority while attempts to adopt a binding global treaty to reduce climate change becomes discouraging.
A key working group under the UN Framework Convention on Climate Change came up with a six-page text last year in Copenhagen. The draft formed the core of a new global agreement to combat climate change beyond 2012, when the present framework, the Kyoto Protocol, expires.
At the end of this year’s Climate Change Conference in Mexico there were some key elements that were put in place:
• Parties meeting under the Kyoto Protocol have agreed to continue negotiations with the aim of completing their work and ensuring there is no gap between the first and second commitment periods of the treaty.
• A new “Cancun Adaptation Framework” has been established to allow better planning and implementation of adaptation projects in developing countries through increased financial and technical support, including a clear process for continuing work on loss and damage.
• Governments agree to boost action to curb emissions from deforestation and forest degradation in developing countries with technological and financial support.
• A total of US$30 billion in financing from the industrialized countries to help support climate action in the developing world up to 2012 and the intention to raise US$100 billion in long-term funds by 2020 was included in the decisions.
The next Conference of the Parties is scheduled to take place in South Africa, from
November 28th to December 9th, 2011.