On both counts the picture remained bleak from the perspective of more than 100 particularly vulnerable countries (PVC).
But there was a consensus on the need for instituting carbon pricing as the lead solution, which in varied forms is being implemented in some developed and developing countries. However, because of a lack of ambitious mitigation targets by the major emitters, the EU efforts have had little impact on the global GHG emissions, which shot up by over 30% today compared to 1990.

Author: Mizan R. Khan
Available at: http://www.thedailystar.net/whats-in-store-for-climate-change-48743