COPENHAGEN DAY 9: THE US STEPS UP
The UN climate negotiations are getting more tense by the day. Executive Secretary of the UNFCCC Yvo De Boer, reflecting on his work today, noted that “you can lead a horse to water but you can’t make it drink” in reference to the Heads of State who will be arriving over the next 48 hours with a view to a political agreement being reached.
As most everyone knows the major stumbling block in the negotiations is how best to compensate the poor, developing countries if carbon emissions limits are placed on them. This issue has caused a very tense situation since mid-last week and has threatened to derail any further talks in Copenhagen.
But earlier today, Hillary Clinton arrived and presented the conference with a strong commitment from the US by announcing that the United States would contribute toward a long-term fund worth $100 billion a year by 2020. In such circumstances, “the United States is prepared to work with other countries toward a goal of jointly mobilizing $100 billion a year by 2020 to address the climate change needs,” she said.
But she tied the money to guarantees from China, India, and Brazil—though she didn’t name them—for ambitious voluntary measures on curbing greenhouse-gas emissions that would be tied to tough scrutiny provisions.
The U.S. delegation came to Copenhagen with no money and poor targets, and these talks have gone nowhere,” said Ricken Patel, executive director of global campaign network Avaaz.org. “Today, they’ve announced a decent commitment on money. If they move on targets as well, we could still see a breakthrough in Copenhagen.”
So, now the US had made the first major move in terms of solving the problem and tackling the major hurdle before the talks end tomorrow. Let’s see how the European Union responds as well as China, Brazil and India.
Stay tuned.
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