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Factbox: The Copenhagen Accord and global warming
(Reuters) - Following are details of the Copenhagen Accord for fighting global warming after the United Nations published on Wednesday a first formal list of more than 110 countries as formal backers.
The non-binding deal, worked out at a 194-nation summit in December, was only "noted" at the time after objections by some developing nations. The United Nations then asked all countries to say if they wanted to be listed as backers of the deal
The list of supporters includes major emitters led by China, the United States, the European Union, Russia and India.
Following are main details of the Accord:
TEMPERATURES - Governments will work to combat climate change "recognizing the scientific view that the increase in global temperature should be below 2 degrees Celsius" (3.6 Fahrenheit). Temperatures have already risen by about 0.7 Celsius since before the Industrial Revolution.
GREENHOUSE GAS EMISSIONS - The Accord does not set greenhouse gas goals for reaching the 2 degrees C target except to urge "deep cuts in global emissions" and to say that a peak in global emissions should be "as soon as possible." Many developing nations had wanted the rich to cut emissions by at least 40 percent from 1990 levels by 2020 -- rich nations' promised cuts so far average about 14-18 percent.
ADAPTATION - The Accord promises to help countries adapt to the damaging impacts of climate change such as droughts, storms or rising sea levels, "especially least developed countries, small island developing states and Africa." It also says all countries face challenges of adapting to "response measures" -- OPEC nations, for instance, argue they should be compensated if responses mean a shift from oil to wind or solar power.
2020 TARGETS - In an annex, rich nations list national goals for cuts in greenhouse gases and developing nations set out actions to slow the rise of emissions by 2020. In December, a leaked U.N. overview showed that, taken together, they imply a temperature rise of 3 degrees Celsius, not 2.
VERIFICATION - Developed nations will submit emissions goals for U.N. review. Developing nations' actions will be under domestic review if funded by their budgets but "subject to international measurement, reporting and verification" when funded by foreign aid. In Copenhagen, China resisted foreign review while the United States said it was vital.
DEFORESTATION - The text sees a "crucial role" for slowing deforestation -- trees store carbon dioxide as they grow.
MARKETS - The accord says countries will "pursue various approaches, including opportunities to use markets" to curb emissions.
AID - Developed nations promise new and additional funds "approaching $30 billion for 2010-12" to help developing countries. In the longer term, "developed countries commit to a goal of mobilizing jointly $100 billion a year by 2020." Last month, the United Nations set up a high level panel, led by Britain and Ethiopia, to study sources of finance.
GREEN FUND - Countries will set up a "Copenhagen Green Climate Fund" to help channel aid. The deal will also set up a "Technology Mechanism" to accelerate use of green technologies.
REVIEW - The accord will be reviewed in 2015, including whether the temperature goal should be toughened to 1.5 degrees Celsius. An alliance of 101 least developed countries and small island states want temperatures to rise less than 1.5 degrees Celsius.
(Compiled by Alister Doyle in Oslo, Editing by Dominic Evans)
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