OvertimeThe talks in Bangkok were an extra round needed because not enough progress was made at the previous gathering in Bonn in May. The US is involved in the talks, even though President Donald Trump has vowed to pull out of the Paris deal. The rule book will outline how countries should meet their Paris goals, including how developed nations will help finance projects in developing ones. Poorer countries want developed nations to report on their pledges every two years, while developed countries argue that their budgetary cycles make that difficult. On markets, “we’re better off now than going in,” Henrik Hallgrim Eriksen, Norway’s chief climate negotiator, said in an interview .

Source: Bangkok Post September 10, 2018 08:37 UTC