Optimism abounds in Paris as first draft acheived in record time

Negotiators paving the way for a global climate change agreement in Paris have cleared a major hurdle, producing a draft accord in record time and raising hopes that a full week of minister-led talks can now clinch a deal despite many sticking points.

No part of the deal has been finalised because in the end it is likely to be a trade-off between developing countries’ demands – particularly for financing to help cope with the impacts of locked-in climate change – and wealthier nations’ insistence that over time all countries properly account for the progress they have made towards emission reduction goals.

Read The Guardian story - “Paris climate change talks yield first draft amid air of optimism.”