International climate negotiations: stronger commitments expected from major economies

On 1 December 2014, 195 countries will start a new session of the Conference of the Parties of the UN Climate Change negotiations in Lima to create a new global, legally binding climate regime post-2020. COP20 is a decisive step and the Lima negotiations should clarify the scope and form of national pledges needed to adopt a comprehensive international climate change agreement in Paris in 2015. BUSINESSEUROPE today published its expectations from the COP. In Lima governments urgently need to find sufficient political will to resolve the highly complex, but not insurmountable issues.