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UN Climate Change Conference Concludes in Cancun.

MEXICO, December 11, 2010.-  United Nations talks in Cancun have concluded without a viable solution to curb climate change. Many observers say a compromise text drawn up by Mexico falls far too short of effectively dealing with the present danger.

Participants at the Cancun conference endorsed draft documents drawn up by the Mexican hosts, despite objections from Bolivia and other delegations. The drafts say deeper cuts in carbon emissions are needed, but do not establish a mechanism for achieving the pledges countries have made.

The UN climate change conference finally came up with the documents that address global warming early Saturday after an all-night session, ending around 3 in the morning, overruling objections from Bolivia.

The agreement covers establishment of a new Green Climate Fund to help poor nations, measures to protect tropical forests and a mechanism for clean energy technology transfer to poorer nations. It also reaffirmed a commitment reached at last year's Copenhagen conference to provide 100 billion U.S. dollars a year to help developing countries fight global warming.

Bolivia rejected the two documents of the deal, saying they amounted to a blank check for developed nations because the commitments set are in documents which have not yet been published. Other groups also rejected the deal, with non-governmental organizations weighing in. Friends of the Earth International called the agreement "a slap in the face." (Cubaminrex-RHC)