The Lima Climate Change Conference (COP20), held under the auspices of the United Nations Framework Convention on Climate Change (UNFCCC), concluded in the early hours of Sunday morning, when agreement was finally reached on a five-page text officially known as the “Lima Call for Climate Action.” The nations of the world had begun the conference riding a wave of optimism as the recently announced U.S.-China climate deal raised hopes that it would spur the rest of the world to action. However, the positive feelings quickly faded and it became clear that the old political divisions between the developed and developing world largely remained, meaning that many challenges still need to be overcome before the crucial conference (COP21) at Paris next year.
Source: The Diplmat