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'Still difficulties' in COP21 talks: Hollande

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'Still difficulties' in COP21 talks: Hollande
Hollande at the COP21 summit. Photo: Philippe Wojazer

UPDATED: French President Francois Hollande said on Thursday there were "still difficulties" in the climate talks in Paris, especially on financing.

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"There are still difficulties, we are aware of them, on financing... There is also some resistance, particularly in relation to compensation for (climate-inflicted) loss and damage," Hollande said.

"We also need to ensure the commitments are not too far into the future," he said, referring to pledges that would address climate change in the near-term.

"It is important in this last phase that we remind the negotiators why they are here," Hollande said.

"They are not there simply in the name of their countries... they are there to sort out the issue of the future of the planet," he added.

French Foreign Minister and conference host Laurent Fabius said he planned to produce a new text, based on the overnight talks, and that it was still possible to forge the historic accord by Friday's scheduled close.
   
"I hope, I hope that tomorrow we will have finished," Fabius said on Thursday.

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