Connie Hedegaard, European Commissioner for Climate Action, said: "The EU came to Cancún to get a substantial package of action-oriented decisions and keep the international climate change negotiations on track. We have helped to deliver the successful outcome the world expected and needed.
But the two weeks in Cancún have shown once again how slow and difficult the process is. Everyone needs to be aware that we still have a long and challenging journey ahead of us to reach the goal of a legally binding global climate framework".
The EU, the world's leading aid donor, presented a full and transparent report in Cancún on its delivery of fast start funding to support developing countries.
The Cancún Agreements build on the December 2009 Copenhagen Accord and also set out processes for making further international progress in combating climate change in the future. They represent a balanced compromise between different interests within the United Nations system.