Climate negotiations at Cancun headed nowhere: Ramesh

Image
Press Trust of India New York
Last Updated : Jan 20 2013 | 1:18 AM IST

India today said that the international community should not expect much from the upcoming Climate Change summit in Cancun and underlined that the West should do more to achieve sustainable development.

"I think frankly Cancun (Mexico) is headed nowhere because the financial commitments made by the developed countries at Copenhagen have not been fulfilled and are unlikely to be fulfilled in any substantial measure," Environment Minister Jairam Ramesh told PTI.

The Climate Change conference in Copenhagen last year yielded the contentious and non-binding Copenhagen Accord.

The Accord was produced by 29 countries, but was principally drafted by the US, China, India, Brazil and South Africa at the eleventh hour of the Conference. It was slammed by certain countries including Bolivia, Venezuela, Nicaragua and Cuba for having left the majority of the nations out of the negotiating process.

Key elements of the Accord included limit temperature rises to 1.5 degrees, $100 billion on finance in long term finance to developing countries and $30 billion to short- term finance to the poorest and most vulnerable countries.

The climate conference in Cancun is expected to produce a legally binding climate change treaty but so far the developed and developing countries have been unable to reach a consensus on key negotiating texts.

There is still no clear mechanism for the actual collection and disbursement of the aid money pledged in Copenhagen.

"I don't expect a breakthrough but I don't expect a breakdown either," Ramesh said, adding that "expectations should be very very modest."

As part of his week-long trip to New York, Ramesh attended the Global Sustainability Panel meeting at the UN on Sunday and will speak at the Major Economies Forum today.

At MEF, Ramesh said that he will highlight "what are the lessons that we learnt from Copenhagen both the process lesson as well as the product lesson" and called for clarity on "financing issue, technology issues, forestry related issues", among others.

During the week, he will also attend the Conference on Biodiversity and meet his counterparts from several countries.

The UN has found that the world has already missed the 2010 deadline for biodiversity conservation with potentially grave consequences, and the number of species facing extinction is growing by the day especially in developing countries.

India will host the Biodiversity Summit in 2012.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2010 | 12:32 PM IST

Next Story