Kyoto Protocol’s future uncertain after the stalemate in Germany.  The only global treaty that legally binds rich countries to cut greenhouse gas (GHGs) emissions may not get a new lease of life, after all. That’s what the latest climate negotiations at Bonn point at. Delegates from 194 countries met in June in the German city for climate change talks, which included discussions on the future of Kyoto Protocol, accounting loopholes in calculation of emissions and the need to undertake ambitious emission cuts.

Cancun has restored the sanctity of multilateral negotiations under the UN climate convention. People had lost faith in it by the end of the Copenhagen meet last year. But what is the cost of the Cancun success?

Cancun has restored the sanctity of multilateral negotiations under the UN climate convention. People had lost faith in it by the end of the Copenhagen meet last year. But what is the cost of the Cancun success? The new deal erases the difference between developed and developing nations. Developed countries no more have to commit legally to cut emissions.