CANCUN CONFERENCE DELIVERS CLIMATE CHANGE DEAL – BUT MUCH WORK LIES AHEAD

BY KEITH NUTHALL ENERGY companies offering green solutions to developing and emerging market countries could prosper from decisions made at the latest United Nations' (UN) climate change conference, staged in Cancún, Mexico. Delegates managed to codify informal decisions made at the 2009 Copenhagen summit as formal agreements under the UN framework convention on climate change (UNFCCC). And a key commitment here was industrialised countries providing US dollars USD30 billion in financing to support climate change policies in the developing world until 2012. The ...


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