CLIMATE-LD DRAFT 3 LST

Till midnight last, the new text was being added. At 2:00
am (local time) Friday on the last day of the conference, a
meeting of 25 country-parties continued to negotiate on the
text.
The draft also refers to adequate, predictable and
sustainable financial resources, technology and capacity-
building to support adaptation in developing country parties.
It also lays down the choice of baseline of 1990 or 2005
for developed country parties to implement greenhouse gas
reduction targets.
This is the first draft of the treaty that was provided
by Danish government to a select group of countries and
delegates are still negotiating the text.
Some delegates here have said, without giving details,
that developing countries are not happy with the text and it
may be ditched.
The text comes fours hours after a meeting between Danish
Prime Minister Lars Lokke Rasmussen and 28 heads of state
where it was announced that the first draft of a potential
declaration was almost ready.
Environment Minister of India Jairam Ramesh had said the
developing countries suspected the overnight negotiations were
an eyewash and the document prepared was a rehash of an
earlier Danish text.
"This whole thing was stage managed to show that they had
consulted everyone," a visibly angry Ramesh had said.
The co-chair of G77, Lumumba Stanislaus Di-Aiping, also
told PTI that he believed the text was "rehashed", "prepared
from before" and that the meeting had been staged. PTI