LD CLIMATE 2 LAST

LD CLIMATE 2 LST

US President Barack Obama also arrived in the Danish
capital to join world leaders in giving a final push to an
ambitious deal. The leaders will consider two documents -- one
on long- term cooperation under the framework convention and
another on the Kyoto Protocol.

"There will be some political declaration," Environment
Minister of India Jairam Ramesh told reporters.
Amid last-ditch efforts to salvage the climate summit, the
Danish government came out with a draft accord that skipped
putting more onus on developed countries on emission cuts and
mitigation targets but promised USD 100 billion in finance to
developing countries by 2020.
The Association of Small Island States, however, said the
USD 100 billion figure was an old figure and not enough.
The draft, which may undergo several revisions, reflected
the key Indian demand that only action involving international
finances are open to scrutiny.
Singh, who held hectic parleys with the Indian team here
after arriving at the Bella Centre accompanied by India's
Foreign Secretary Nirupama Rao and his Special Envoy Shyam
Saran, has made it clear that climate change cannot be
addressed by perpetuating the poverty of developing countries.
The Danish draft was circulated after marathon
negotiations among key players that stretched overnight.
The document also refers to containing the global rise in
temperature to 2 degrees Celsius before the greenhouse gases
stabilise, in consonance with the Indian position.
Small island states, most vulnerable to global warming,
have demanded that the rise be limited to 1.5 degrees Celsius
as compared to pre-industrial times. PTI BS
MYR