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The issue of who will provide funding to assist developing nations in reducing carbon emissions has emerged as a significant challenge during a five-day UN climate meeting concluding Friday in Bonn.
The new global climate treaty, set to be agreed upon by the end of the year, needs strong commitments from wealthier nations to making drastic cuts in CO2 emissions by 2020.
NEW YORK, Aug.
China refused on Wednesday to submit to demands that wealthy nations commit to significant reductions in greenhouse gas emissions during upcoming climate change negotiations in Copenhagen this December.
As the world's environment ministers, government officials, diplomats and campaigners prepare to attend the COP15 conference in Copenhagen in December 2009 to unite in the battle against climate change in one of the most complicated political deals the world has ever seen
Despite Indiaâ€™s opposition to binding carbon emission cuts and difficulty accepting scientific evidence about global warming, it claimed to be committed to coming to an agreement on battling climate change during the upcoming UN summit in Copenhagen.
Germany announced that a French notion to charge "carbon tariffs" on items from countries that will not reduce greenhouse gases is a form of "eco-imperialism," and an obvious breach of WTO rules.
The chasm further widened between rich and poor nations as dialogue centered on how to approach the climate change has turned into debate.
According to a UN official, the United States has undergone a change of opinion on climate change and is now on a path toward â€œstrong climate action.â€
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