Factsheet: Will the Kyoto Protocol survive?

March 28, 2012

Following the failure of the 15th Conference of Parties (CoP 15) at Copenhagen to deliver a fair, equitable, ambitious and binding treaty needed to protect the climate, not much was expected out of CoP 16 at Cancun, Mexico. In fact, many believed that the multilateral process of negotiations under the UN Framework Convention on Climate Change (UNFCCC) would end at Cancun. This didn’t happen, and COP 16 will be remembered for restoring the faith of the world in multilateral negotiations. But it will also be remembered for the triumph of process over content. Cancun Agreement, which was signed by all countries except Bolivia, has many loopholes and has left many issues open-ended. These issues will have to be resolved at Durban.