(To put that in perspective, global military spending amounted to about $1.7 trillion in 2017 alone, more than a third of which came from the United States.) The Copenhagen Pact also created the Green Climate Fund to mobilize transformative financial funds with targeted public dollars. The Paris Agreement expected the world to set a higher annual target by 2025 to build on the $100 billion target for 2020 and put in place mechanisms to achieve that scale. When the United States – responsible for much of the historical CO2 emissions – withdrew from the agreement in 201 and Canada in 2011, many observers thought the Kyoto Protocol had failed. But by 2012, emissions from industrialized countries had fallen by 20 percent compared to 1990, five times more than other nations` Kyoto targets. The EU has reduced emissions by 19% and Germany by 23%. Over the same period, however, global emissions increased by about 38%. Yes, there is a broad consensus within the scientific community, although some deny that climate change is a problem, including politicians in the United States. When negotiating teams come together for international climate talks, “there is less skepticism about science and more disagreement about how to set priorities,” says David Victor, a professor of international relations at the University of California, San Diego. The basic research is as follows: on 8 December 2012, following the UN Climate Change Conference in 2012, an agreement was reached to extend the Protocol until 2020 and set a date of 2015 for the development of a follow-up document to be implemented from 2020 (see for more information). [151] The outcome of the Doha talks received a mixed reception, with small island states being critical of the package as a whole. The second Kyoto commitment period applies to approximately 11% of annual global greenhouse gas emissions.

Other outcomes of the conference include a timetable for a global agreement that is expected to be adopted by 2015 and will cover all countries. [152] At the meeting of the parties to the UNFCCC that met in Doha on December 8, 2012, the European Union`s chief climate negotiator, Artur Runge-Metzger, promised to extend until 2020 until 2020 until 2020, until 2020, until a domestic ratification procedure. .