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Picking up the pieces, regaining momentum after Copenhagen

The United Nations Framework on Climate Change will resume meetings after the failure of the Copenhagen Conference. The two major issues, besides the financial instruments, are the need to conclude a legally binding agreement and to agree transparent rules to assess compliance.

Although a large majority of commentators consider the Copenhagen Climate Change Conference to have been a failure, certain influential voices have stressed the value of the Conference’s agreements. Lord Stern, professor at the London School of Economics and author of a key report on the economic and social assessment of climate change, has affirmed that “this process has itself been a key part of countries stating what their intentions on emissions reductions are – countries that had not stated them before, including China and the US”.

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