This paper proposed l on how to proceed with the Climate Negotiations after the meager results of the United Nations Climate Change Conference in December 2009 in Copenhagen.

It argues splitting continued negotiations into two separate blocks could both save time, and make the world more likely to ultimately reach a comprehensive treaty in Mexico City in December 2010.

The first block would deal with historical emissions of greenhouse gases including a mutual debt cancellation: developed countries carbon debts vs. developing countries conventional monetary debts.

The second block would deal with future emissions and how to finance adaption to climate change. Following the polluter pays