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Monday, January 25, 2010

Rich nations asked to hand over climate money to the poor

Brazil, China, India and South Africa called Sunday for developed countries to quickly begin handing over the $10 billion pledged in Copenhagen to poor countries to help them deal with the effects of climate change.

The first funds should go to the least developed countries, including small island states and African countries, said Xie Zhenhua, China's top climate change negotiator after a meeting of the representatives of the four nations in New Delhi.

The four developing countries also said they would submit their plans for combating climate change to the U.N. soon.

At Copenhagen conference, many developed countries had hoped the Kyoto Protocol would be replaced with an accord that also made demands on developing nations too. U.S. President Barack Obama and the major developing countries including China, Brazil, India and South Africa brokered a deal — the so-called Copenhagen Accord — requiring poor countries to propose voluntary actions by January 31.

"We have the obligation to be the first to submit the action plans," the Associated Press quoted South Africa's Environment Minister Buyelwa Sonjica as saying Sunday.

China has said it would cut its "carbon intensity" — a measure of carbon dioxide emissions per unit of production — by 40 percent to 45 percent by 2020, compared with levels in 2005.

India said by 2020 it would cut its carbon intensity by 20 percent to 25 percent. Neither country has accepted a legally binding emissions reduction target.

On Sunday, the group also called on Denmark, chairman of the climate conference, to convene a series of meetings this year to begin discussions on a legally binding climate deal ahead of a conference in Mexico in December.

Source: People's Daily.
Link: http://english.people.com.cn/90001/90777/6877421.html.

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