Outcome
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- A new deal is set to be finalized by 2015 and launched by 2020.
- The second phase of the Kyoto Protocol was secured.
- The Green Climate Fund was launched, although currently empty. Additionally, a mechanism for green tech development was established.
- Equity regained prominence in future climate talks.
- Adaptation and transparency mechanisms were established.
- The summit ensured 10 years of economic growth without carbon containment.
- Intellectual Property Rights and technology were not firmly anchored in the new deal.
- Loopholes for the developed world were not entirely closed.
- Agriculture was brought into the climate change discussion by developed nations.
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