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Climate Questions Remain Unresolved: Paris Talk Meets Climate Finance Issue, Developing/Developed Divide

| Dec 13, 2015 09:26 PM EST

Paris COP21 talks as it meets climate fiance issues and the divide between developing and developed countries

The recent climate talk in Paris had gathered 195 nations to discuss resolutions about the issues of climate politics.

This week, an international climate agreement was now released, after the U.S. Secretary of State John Kerry delivered his speech urging all nations to have consensus on the climate issue, The New York Times reported.

While an international climate agreement had been presented to the participating nations, there are still unresolved questions that need consensus in order to address issues on climate change.

One of the questions is on the purpose of the climate talk to begin with. It is the question whether there should be increase in temperature "below or well below" 2 degrees Celsius or 1.5 degrees Celsius as an ambitious goal, the report said.

Another unresolved question is on "common or differentiated responsibilities" among developed and developing countries, the report said. The former like the U.S. wants common responsibilities. But the developing countries argued that they are not historically responsible about the climate issue.

The other unresolved problems include questions on the long-term goal on fossil fuel whether "zero greenhouse gas emissions," "climate neutrality" or decarbonization," on financial and technological help, and on provisions on the "loss and damage" suffered by the affected countries, the report added.

Australia's foreign minister Julie Bishop said that there is a lot effort to work on, specifically on the climate finance and on the developing/developed country divide, The Guardian reported. But Bishop is still hopeful to come up with a secured agreement, the report added.

Watch the video by Bloomberg Business about Barack Obama urging actions on climate change at Paris talks.

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