The Lima Deal: Differentian ends, negotiations begin for sharing the global carbon budget

Lima witnessed the end game of a 20 year old negotiation around doing away with differentiation between countries at different levels of development and the beginning of negotiations on a global pact for sharing the carbon budget. It is all about geopolitics, not about the global environment. The Lima Call for Climate Action recognises that the national actions under the new regime will continue to focus on achieving the objective of the Convention and will address in a balanced manner mitigation, adaptation, finance, and technology transfer and development, as currently provided in the Convention.