No Clarity From Talks on Scaling Up Climate Finance

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Nov. 26 (Bloomberg) -- Bloomberg’s Andrea Du Rietz reports on the United Nations Climate Change Conference and the impact of the talks on global markets. She speaks on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)

Leaves fingerprint the process is a very slow process that involves 195 countries that all have to come to agreement.

The best way to judge success is to look at what the expectations were compared to the outcome to have conference.

This year they were very much in line.

There are still a lot of disagreements about the post 2020 agreement.

There is a strong divide but no one was expecting these would be ironed out during this years talks.

I remember in copenhagen where expectations were high.

We're under reasonable now.

They were not really aligned.

I think you can see how the u.n. is planning 2014, there is quite the a lot of focus on the high level vomit.

The sun hosting -- actually ban ki-moon is hosting in september.

There is a strong focus on the high level engagement ahead of paris in 2015. what is on the to-do list?

There are the differences between the developing countries that still need to be ironed out.

Just sort of historic involvement in a new post 2020 framework.

That needs to be ironed out.

In terms of what needs to be done and what is being done, what is the gap like there?

What is the sort of sense of -- in reality what we need to do is get this far but we're plodding along at this sort of pace?

I think, you know, it is small steps.

The biggest outcome was how the new negotiations are going to evolve to the 2015 deadline.

That is what was expected.

This shows what the next steps are and outlines how countries are going to get there.

Great stuff.

Thank you very much indeed.

Francine, back over to you.

Well, guy, this is what we have coming up for those listening on bloomberg radio.

This text has been automatically generated. It may not be 100% accurate.


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