New climate deal draft on table in Paris

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Plenary session of the United Nations climate change conference, COP21. Photo: UNFCCC

A new draft for a climate deal has been handed to delegates meeting at the UN climate change conference in Paris.

It's hoped a deal which will include limiting global temperature rises to below two degrees Celsius, will be agreed by Friday, the official end of the COP21 conference.

Cristina Silveiro has sent this update from Paris.

Suspense and excitement abound at the Climate Change Conference here in Paris, with just 48 hours to go before the Friday deadline for adopting an ambitious universal and robust agreement to limit global warming.

On Wednesday, COP21 President Laurent Fabius called a third meeting of the Paris Committee, to give negotiating Parties the latest draft of the agreement. 

Parties have approximately 5 hours to review it before they are expected to reconvene and submit their reactions. 

Ministers, government parties and facilitators then break into groups and work through the night to reach a deal. 

COP21 President Laurent Fabius said significant progress had been made since the last version of the text was submitted Saturday.

It is now 29 pages in total instead of the previous 43. 

Three quarters of the bracketed terms – or points of difference—have been resolved, including on matters relating to forests, technology development and transfer, as well as the text preamble.

According to Mr Fabius, there are three main areas which still need to be resolved:  who will pay what, and where that money will come from and crucially the scope or ambition of the deal.

Cristina Silveiro, at the UN climate change conference in Paris

Duration: 1’19″

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