Lima climate summit extended as poor countries demand more from rich
Source: The Guardian
Lima climate summit extended as poor countries demand more from rich
Suzanne Goldenberg in Lima
Friday 12 December 2014 15.04 ES
Climate talks in Lima ran into extra time amid rising frustration from developing countries at the “ridiculously low” commitments from rich countries to help pay for cuts in greenhouse gas emissions.
The talks – originally scheduled to wrap up at 12pm after 10 days – are now expected to run well into Saturday , as negotiators huddle over a new draft text many glimpsed for the first time only morning.
The Lima negotiations began on a buoyant note after the US, China and the EU came forward with new commitments to cut carbon pollution. But they were soon brought back down to earth over the perennial divide between rich and poor countries in the negotiations: how should countries share the burden for cutting greenhouse gas emissions, and who should pay?
The talks were designed to draft a blueprint for a global deal to fight climate change, due to be adopted in Paris late next year. But developing countries argued that before signing on they needed to see greater commitments that the industrialised countries would keep to their end of a bargain to provide the money needed to fight climate change. After 10 days of talks, developing countries argued that those assurances were not strong enough.
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Read more: http://www.theguardian.com/environment/2014/dec/12/lima-climate-change-talks-stumble-cash-emissions-cuts
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