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Deal on climate change at Cancún summit

By Jennifer Rankin  -  11.12.2010 / 15:06 CET
'Progress' from climate talks at Cancún, but EU sees challenges ahead.

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Fact file
Cancún outcomes
* Goal to keep global warming below 2°C. This was pledged at Copenhagen last year, but is now in a UN document for the first time.
* Review of climate goals in 2015 to assess whether a commitment to keep global warming below 1.5°C is needed.
* Green Climate Fund to be set up that will channel most climate money, with aim of securing total funds of $100 billion (€76bn) per year for developing countries by 2020,
* Deforestation: developing countries that protect forests to receive finance.
* Process to ensure transparent monitoring and reporting of emission-reduction pledges agreed.

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