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Countries agree on new roadmap for climate treaty

New global pact to be in place by 2015

The 194 countries at the global climate talk in Durban, South Africa agreed on Sunday to negotiate a new global climate treaty by 2015. The post-Kyoto arrangement, though, would not take effect until 2020, the Financial Times reports. The new set-up extends the key provisions of the Kyoto protocol, which expires at the end of 2012, for another five years and envisions a new, successor pact that will include the world’s top greenhouse gas emitters: China, the U.S. and India. However, rules for developing countries would continue to be laxer than for developed economies.

The Financial Times

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