‘Rich nations must help developing world fight climate change’

October 6th, 2009 BANGKOK - The World Bank has estimated that industrialised countries will have to pay developing nations $100 billion a year from now till 2050 to battle climate change. But there is no money nor any commitment on the table though over 4,000 delegates from 177 countries are squabbling here over who will govern the fund if it comes into being.

October 6th, 2009 BANGKOK - Rich countries have been framing the climate debate to suit themselves rather than looking at the way global warming affects most of the world, which is why a global treaty is proving elusive, India's top climate negotiator said here Tuesday. "They don't talk about equity, they only talk of how to protect their lifestyles," the Prime Minister's Special Envoy on Climate Change Shyam Saran told a group of Indian NGO representatives.

September 30th, 2009 UN: climate change impact on agriculture direROME — A U.N. agency warns that the climate change will badly affect agriculture and hit developing nations hardest, leading to unreliable food production and higher prices.

September 25th, 2009 Poor nations want compensation for economic crisisUNITED NATIONS — Developing nations are urging the industrialized world to acknowledge its responsibility for the global economic and climate crises and to compensate them for the damages these have caused. Yemeni Foreign Minister Abu-Bakr al-Qirbi, who chairs the Group of 77 that represents 132 developing counties, says the U.N.

September 23rd, 2009 Obama pleads for harder work on climate changeUNITED NATIONS — President Barack Obama has implored world leaders to confront climate change, saying there can be no peace without cooperative work to preserve the planet. Appearing before global leaders gathered at the United Nations, Obama said Wednesday that "the danger posed by climate change cannot be denied — and our responsibility to meet it must not be deferred." The president said "this is why the days when America dragged its feet on this issue are over." He said he understood the tempation of nations to put economic recovery from recession ahead of climate change work, but said that must not be allowed to happen.

September 22nd, 2009 UNITED NATIONS - Asserting that India has not caused the climate change problem in any way, External Affairs Minister S.M. Krishna said New Delhi will be part of the solution, but the outcome must be rooted in equity.

September 22nd, 2009 NEW YORK - External Affairs Minister S M Krishna will articulate India's stand on climate change at the UN summit being hosted by UN Secretary General Ban Ki-moon Tuesday. Krishna will represent Prime Minister Manmohan Singh at the summit hosted by Ban to bring about a fair and ratifiable green house gas reduction agreement at this year's Climate Conference in Copenhagen, Denmark.

September 22nd, 2009 UNITED NATIONS - Warning that the global economic recession could hinder the ability of countries to take necessary steps to combat climate change, President Barack Obama Tuesday told world leaders "we are determined to act". "The journey is hard.

September 18th, 2009 LONDON - Indian plans to set numerical targets for curbing greenhouse gas emissions were described Friday as a breakthrough that challenges the US and other rich nations over climate change action. Environment Minister Jairam Ramesh told The Times of London legislation was being drafted to limit India's carbon footprint ahead of a UN climate change summit in Copenhagen December.

September 17th, 2009 BRUSSELS - The European Union (EU) has challenged rising powers India and China to brake their soaring greenhouse gas emissions in return for Western financial support. "We need to make a credible financial commitment to the developing world.

September 16th, 2009 LONDON - More than four million children could die unless world leaders deliver additional funds to help poor countries fight climate change, a report warned Wednesday. Rich countries must come up with additional funds for fighting climate change, rather than raid the money from existing aid promises, said the report by the international nongovernment organisation Oxfam.

September 10th, 2009 BRUSSELS - European taxpayers should be prepared to pay up to 15 billion euros ($21.9 billion) per year to help poorer nations confront climate change, officials in Brussels said Thursday. The European Union's executive, the European Commission, moved to take the lead in the world fight against global warming by being the first major player to quantify, at around 100 billion euros (around $146 billion) per year by 2020, the amount of funding that developing countries will need to cut their greenhouse gas emissions and adapt to rising temperatures.

August 4th, 2009 SAfrica: Rich nations must pay on climate changePRETORIA, South Africa — Developing countries won't consider the next round of climate change talks successful unless rich nations set aside money to help them address global warming, South African officials said Tuesday. The officials, who are expected to lead the African bloc at the negotiations, met to discuss strategy ahead of the December climate change talks in Copenhagen.

July 10th, 2009 L'AQUILA - The developing countries criticised the G-8 nations for not taking enough steps to curb global warming, dubbing the proposed long-term targets as meaningless. he larger developing nations said they wanted to see more credible mid term targets than long-term ambitious targets.

June 23rd, 2009 Mexico: 'Green fund' better than carbon creditsMEXICO CITY — Mexican President Felipe Calderon made a push Monday for his proposal for a $10 billion "green fund" as a more efficient way to fight climate change than carbon credits. Calderon spoke at the opening of the latest session of the Major Economies Forum on Energy and Climate, which brings together representatives of 19 countries and the European Union that together account for 80 percent of the world's greenhouse gas emissions.