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UN Sets Out Roadmap to 2015 Climate Pact

Nov. 18 (Bloomberg) -- The United Nations proposed a roadmap to a climate agreement, clarifying some of the steps some 190 nations must take to reach by the end of 2015 to reach a deal binding all countries to reduce greenhouse gases.

Envoys aim to develop “the elements of the negotiating text” for the planned 2015 deal in time for their next major conference in Lima next December 2014, according to draft conclusions today on the website of the UN Framework Convention on Climate Change.

Negotiators from almost 190 nations are involved in two weeks of UN talks that end Nov. 22 in Warsaw.

The text calls out for scaling up of finance from industrialized to poorer nations to help them cut emissions and fight the effects of global warming. It also charts elements of the eventual deal, including emissions pledges that nations will determine themselves, the establishment of a global goal to help countries adapt to climate change, and reinforcing efforts to share emissions-reducing technology.

“This draft is workable though not comprehensive,” Bangladeshi envoy Quamrul Chowdhury, a lead negotiator for the bloc of 48 so-called Least Developed Countries, said today in an e-mail. “It lacks some clarity on the roadmap, which we negotiators have to flesh out this week.”

To contact the reporter on this story: Alex Morales in Warsaw at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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