December 11, 2010 9:10 AM

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New text hints at ending climate deadlock

The latest negotiating text at the UN climate talks in Cancun, Mexico hints at a possible compromise to break the stalemate. Earlier, prospects for a deal were receding, with nations clashing on future emission commitments. Japan and Russia were opposed to further cuts under the Kyoto Protocol – a major demand of developing countries. There were also divisions over a proposed fund to help poor nations deal with climate impacts. The latest draft made a reference to a second commitment period of the Kyoto Protocol but it is yet to be presented to the plenary of the 190-nation gathering.

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