The 16th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) held in Cancun finally reached a deal to fight global warming after an all-night session until early Saturday.

The conference reached agreements, dubbed the "Cancun Agreements," on a package of measures to build a low-carbon, climate-resilient future together.

Delegates attending the conference also agreed to ensure no gap between the first and second commitment periods of the Kyoto Protocol, an addition to the Convention that contains legally binding measures to reduce greenhouse gas emissions, and whose first commitment period is due to expire in 2012.

An agreement was also reached on establishing a fund for long-term climate financing to support developing countries, and bolstering technological cooperation and enhancing vulnerable populations' ability to adapt to the changing climate.

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