Analysis and Aftermath
Despite widely held expectations that the Copenhagen summit would produce a legally binding treaty, the conference was plagued by negotiating deadlock and the resulting "Copenhagen Accord" is not legally enforceable. BBC environment analyst Roger Harrabin attributed the failure of the summit to live up to expectations to a number of factors including the recent global recession and conservative domestic pressure in the US and China.
Gregg Easterbrook described the Copenhagen Accord as "vague, nonbinding comments about how other people should use less fossil fuel". According to Easterbrook, international climate change negotiations are "complex, expensive and goin’ nowhere" and are prone to creating the appearance of action while distracting attention from the lack of real change.
In the week following the end of the Copenhagen summit, carbon prices in the EU dropped to a six month low.
The Copenhagen Accord asked countries to submit emissions targets by the end of January 2010, and paves the way for further discussions to occur at the 2010 UN climate change conference in Mexico and the mid-year session in Bonn. By early February, 67 countries had registered their targets. Countries such as India and Association of Island States made clear that they believed that Copenhagen Accord could not replace negotiations within the UNFCCC. Other commentators consider that "the future of the UN's role in international climate deals is now in doubt."
Read more about this topic: 2009 United Nations Climate Change Conference
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