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Cancun summit reaches an agreement on climate change

UN talks in Cancun have reached a deal to curb climate change, including a fund to help developing countries. Nations endorsed compromise texts drawn up by the Mexican hosts, despite objections from Bolivia. The draft documents say deeper cuts in carbon emissions are needed, but do not establish a mechanism for achieving the pledges countries have made. Some countries' resistance to the Kyoto Protocol had been a stumbling block during the final week of negotiations. However, diplomats were able to find a compromise. Delegates cheered speeches from governments that had caused the most friction during negotiations - Japan, China, even the US - as one by one they endorsed the draft. BBC environment correspondent Richard Black said the meeting did not achieve the comprehensive, all-encompassing deal that many activists and governments want. But he said it was being "touted as a platform on which that comprehensive agreement can be built". Mexico's Presiden