Sunday, December 15, 2019

UN climate change talks in Madrid end with no agreement on carbon market rules or stronger pledges

Marathon international climate talks have ended with major polluters resisting calls to ramp up efforts to keep global warming at bay and negotiators postponing the regulation of global carbon markets until next year.
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Those failures came even after organisers added two more days to the 12 days of scheduled talks in Madrid.
In the end, delegates from almost 200 nations endorsed a declaration to help poor countries that are suffering the effects of climate change, although they did not allocate any new funds to do so.
The final declaration called on the "urgent need" to cut planet-heating greenhouse gases in line with the goals of the landmark 2015 Paris climate change accord.

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