Paris talks on track, draft climate deal reached

After a week’s hard work, a draft climate deal has taken shape in Paris, agreed upon by negotiators from the UN’s 190 plus members.

“Now Mr. President if we may present you with the draft Paris outcome”

STANDUP (ENGLISH): GU DUNYU, Xinhua correspondent
“The submission signals the technical negotiations have now officially closed. Over the past week, the draft agreement has been somewhat streamlined and now features what we call bridging proposals. We’ve spoken to delegates and one of the co-chairs of the working group. They pretty much all say today is a moment worth celebrating, because now we have the basis for next week’ s negotiations, for ministers. And this will definitely help them navigate the political issues underlying the deal.”

“I think we are in good shape. We have a good text, a good basis to start work, and it will be a lot of work next week, a lot of compromises to be made. I’m very optimistic, very hopeful.”

“The result, I think, is this new negotiation basis which has been accepted by everyone, which contains many compromise solutions.”

SOUNDBITE (CHINESE) SU WEI, China chief negotiator
“All parties have made clear their political will to facilitating a positive outcome at the Paris conference. A result such as what was reached today should be celebrated.”

The climate blueprint aims to break the world’s dependence on fossil fuels, reducing greenhouse gas emissions that are causing temperatures to rise.

But, it’s far from certain yet that a December 11 deal is guaranteed.

Developed countries are reluctant to scale up their finance support to developing countries after 2020, when the Paris agreement comes into force.

100 billion U.S. dollars was promised by rich nations in 2009, but the money was never delivered.

Another key issue is how to reflect “common but differentiated responsibility” in almost all elements of the agreement.

The stakes could not be higher and it seems that negotiators are willing to find common ground.

“The ministers have met informally over the past year in many different places, hosted by Peru, by France. And I think they have explored landing zones. I think there’ s a fairly clear sense of where the compromises may lie.”

The Paris talks began on Monday with a gathering of 150 world leaders.

Ministers, according to schedule, will have until Friday to come to the final agreement.

STANDUP (ENGLISH) GU DUNYU, Xinhua correspondent
“This draft definitely represents progress. And what we need to do now is go into depth. And we need to remember that this is not the final agreement yet.”

The Paris talks are being described as the “last, best chance” to save mankind.

An agreement born out of the conference will be the second legally-binding climate pact under the UN, after the Kyoto Protocol, which set quantitative emission cutting targets for developed countries.

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