The wide differences between developed and developing countries yesterday threatened the ongoing negotiations at the 15th Conference of the Parties (COP15) to the United Nations Framework Climate Change Convention (UNFCCC) in Copenhagen, Denmark as the European Union (EU) and China as well as Group 77 trade words over responsibility.
This is coming even as French and Brazilian governments have indicated their common interest in the framework that includes financial support for developing nations in Africa vis-a-vis climate change. According to them, “We are ready to work with the Nigerian authorities in order to get a fair and ambitious agreement in Copenhagen.”
A joint statement signed by both governments through their Embassies in Abuja and made available to THISDAY, said that the two countries recognise that climate change is an imperative “that must be fully compatible with sustainable economic growth and the fight against poverty.”
The EU earlier yesterday accused developing countries of not doing enough to
justify new climate treaty, proposing that countries like China and India whichare more advanced than other developing nations, should partly share the climate change adaptation and mitigation financial burden in developing countries.
While admitting that developing countries need 100 billion euro annually for climate change adaptation by 2020, the EU challenged China and India to share the international public financing of 22-50 billion euro a year with developed c ountries. The commission explained that it would contribute between 2 to 15 euro, adding that the rest should come from domestic sources and carbon markets in developing countries.
Tuesday, December 8, 2009
Climate Change: EU, China, G77 Trade Words
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