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Durban, December 2011

Expectations were very low going into this round of talks that sought an agreement from member nations on the issue of climate change. The good news is that they kept the dialog going, and made a tiny bit of forward progress. They created an independent structure (outside of the World Bank, and composed of 50% developing nations) to disburse “climate funds” to poor countries affected by climate change; they agreed that carbon dioxide emissions must be monitored better; and they decided to set up an international center for developing and sharing energy technology among countries. The bad news is that the target date for meeting the emissions goal was moved back to 2020.  Expect a loud “dis-information” campaign by the fossil fuel industry.