Update on Climate Change talks in Lima, Peru

Update (647 x 430)In the early hours of Sunday morning, bleary-eyed dealmakers from nearly 200 countries and the European Union set a framework for an agreement that would take an unprecedented approach to slowing climate change. Critically, however, they also delayed a host of decisions until next year, which could make reaching a landmark pact even more difficult.
With a large rally in New York to complement it, the United Nations held a Climate Summit in September. Tara explains what the gathering was really all about.
The Lima Accord, a four-page document, was adopted by climate negotiators a little after 1 a.m. ET Sunday. It was unanimously agreed upon following talks that were at times acrimonious and concluded more than 30 hours behind schedule.
While member countries tacitly agreed to curb their rates of greenhouse gas emissions, a raft of things weren’t decided, adding hurdles to securing a truly global climate agreement in Paris next December.
A large schism separated wealthy states and developing nations before negotiations ever began in Lima, and on many fronts, those divides remain. Rich and poor countries could not agree on language to resolve issues like financing for climate adaptation or compensation for damage inflicted by climate change. Nor could they agree on the groundrules to determine each country’s commitment to cut carbon pollution or whether to make those commitments legally binding under international law.