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Cancun’s Christmas Present

As Christmas tourists replace COP delegates in the Moon Palace, post-mortems abound. From the World Bank’s standpoint the important question is: what did this really do for the prospects of long term poverty reduction in developing countries?  The answer: potentially, a lot. Earlier this week, this subject was discussed at the Board of the World Bank.
 
Photo: Flags in front of Moon Palace
 
 
Going into Cancun we suggested some stretch-targets that would mark a strong outcome for Cancun for developing countries. Some of these were over-achieved (eg Carbon Markets), some under-achieved (eg agriculture)–but, overall , expectations were more than met. 

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Original blog post and comments: http://blogs.worldbank.org/climatechange/cancun-s-christmas-present

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