The Bali road map - A first step on the difficult journey to a post-Kyoto Protocol Agreement

The Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC) and the Parties to the Kyoto Protocol met in Bali in December 2007. 1 After some high-stakes poker about emission reduction frameworks and the role of emerging economies, participants settled on a road map for negotiating a new climate agreement by the end of 2009. The Bali meeting also managed to achieve progress on a number of important issues relating to the Adaptation Fund, avoidance of deforestation through REDD, technology transfer, and CDM.