Day 5: Main issues
First signs of negotiators are failing - this was evident on Friday with negotiators from India, China, Europe, US and Africa could not progress much on critical issues of emission reductions, finance and technology transfer.
However, they hoped that the week would turn the game around as it happened in Bali two years ago, where an action plan was agreed within three hours.
Attempts are being made to resume negotiations on changes proposed in the Kyoto Protocol by least developed nations and developed world. After informals last night, it has not worked. Talks on important issues are held up.
The association of island nations have moved a proposal for adoption in Copenhagen, which says the world should not allow the temperature to increase by more than 1.5 degree Celsuis. It also calls for quantified emission reductions, much higher in order than in Kyoto for rich countries.
The proposal also seeks an arrangement that under a new protocol, which allows even developing countries to take emission cuts. Interestingly, the proposal is quite similar to the one floated by Tuvalu on Wednesday, except that it wants Kyoto to continue.
The least developed nations led by Africian block is expected to submit its proposal in the evening for the Copenhagen agreement seeking quote in CDM and finance from rich countries. However, it wants the existing Kyoto Protocol to continue without many changes.
The day began on a optimistic note with United Nations Secretary General Ban Ki Moon asserting that though the Danish draft had created a wedge between the rich and the poor nations but the negotiations will not suffer. He clearly said that any new agreement should be reached under the framework of Kyoto Protocol.
1. Sweden pledged 800 million euros for the Climate Fund that according to the British Prime Minister Gordon Brown should have at least 10 billion dollars.
2. For the first time India and China asked the rich countries to reduce emissions by 40 per cent to cap the temperature increase rise to less than two degree Celsius at pre-industrial level by 2050.
3. African block and small Island nations said they would bring their own proposals for adoption on the final day. Already the developed countries with the help of Denmark have prepared their own proposal. Brazil, South Africa, India and China have prepared their own demand (BASIC Draft).
4. Small island nations distanced itself from Tuvalu, an island nation in Pacific, proposal that calls for a separate protocol saying it was of an individual country. Small island nations' spokesperson said they want an agreement under Kyoto Protocol, which maintain different obligations for the rich and the developing world.
5. Negotiations on the future of Kyoto Protocol broke down with countries failing to arrive at consensus on which amendments to the protocol should be considered.