UN chief terms climate pact `significant`
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Last Updated: Sunday, December 11, 2011, 13:39
  
United Nations: Describing the agreement reached at the climate talks in Durban as "significant", UN chief Ban Ki-Moon today said it represents an "important advance" in the work on tackling global warming and sought its quick implementation.

The 'Durban Platform' is a "significant and forward" agreement that will guide global efforts to address the causes and impacts of climate change, he said.

A statement from Ban's spokesperson said the UN Secretary General welcomes the agreement reached at the 194-party conference in Durban to establish a second commitment period of the Kyoto Protocol "that will increase certainty for the carbon market and provides additional incentives for new investments in technology and the infrastructure necessary to fight climate change."

The Kyoto Protocol is an international agreement that sets binding targets for 37 industrialised countries and the European community for reducing greenhouse gas emissions. It was set to expire in 2012.

The statement further said the decision to launch a protocol or legal instrument applicable to all parties under the United Nations Framework Convention on Climate Change is essential for stimulating greater action and for raising the level of ambition and the mobilisation of resources to respond to the challenges of climate change.

The Secretary General is "gratified" that countries have reached decisions that will operationalise the Cancun agreements, including a technology mechanism that will promote access by developing countries to clean, low-carbon technologies and an adaptation committee that will coordinate adaptation activities on a global scale, the statement said.

Welcoming the launch of the Green Climate Fund, Ban expressed satisfaction that a number of countries have signalled their intent to contribute to it.

Taken together, these agreements "represent an important advance in our work on climate change," the statement said adding that the Secretary-General calls on the parties to quickly implement these decisions.

PTI


First Published: Sunday, December 11, 2011, 13:39


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