From Khaleej Times UAE

The world must act quickly to cut back on the greenhouse gases that fuel climate change, the UN’s leading authority said in a report Friday.

Scientists and experts on the Intergovernmental Panel on Climate Change (IPCC) added that there was ˜substantial’ potential for the world to reduce greenhouse gas emissions to below current levels.

˜Mitigation efforts over the next two to three decades will have a large impact on opportunities to achieve lower stabilisation levels’ of greenhouse gases, the report said.

˜There is substantial economic potential for the mitigation of global greenhouse gas emissions over the coming decades,’ it said.

Greenhouse gases fuel global warming by trapping heat from the sun.

The report, obtained by AFP, is set to be formally launched at a media conference at 0600 GMT, and was agreed after five days of intense debate and marathon talks at a major UN conference here.

A participant at the conference confirmed the text seen by AFP was the same as the one that was formally approved on Friday morning.

The report, which lays out technological and policy options for fighting climate change, was agreed after talks ran into overtime late Thursday and continued into the early hours of Friday.

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