Durban: COP17: Nations meet for the 17th Conference of the parties to United Nations Convention on Climate Change

"Negotiators postponed until Durban the politically freighted question of whether to extend the frayed Kyoto Protocol, the 1997 agreement that requires most wealthy nations to trim their emissions while providing help to developing countries to pursue a cleaner energy path. Also still on the agenda are the structure of, and the sources of financing for, a climate adaptation and technology fund that is supposed to reach $100 billion a year by 2020.

One of the issues that is most contentious and least likely to be resolved involves the future of the Kyoto Protocol, which requires the major industrialized nations to meet targets on emissions reduction but imposes no mandates on developing countries, including emerging economic powers and sources of global greenhouse gas emissions like China, India, Brazil and South Africa."

'via Blog this'Nations Meet to Address Problems of Climate Change - NYTimes.com: