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Political statement at Copenhagen Summit?

A glimmer of hope on a political statement at the climate talks in Copenhagen emerged on Thursday with the resumption of "two-track" negotiations after India and other emerging economies attacked a group of developed nations for working on a "secret document".

Updated on: Dec 18, 2009, 24:42:28 IST
PTI | By , Copenhagen
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A glimmer of hope on a political statement at the climate talks in Copenhagen emerged on Thursday with the resumption of "two-track" negotiations after India and other emerging economies attacked a group of developed nations for working on a "secret document".

HT Image
HT Image

Hours after the talks appeared to be floundering, Environment Minister Jairam Ramesh said the negotiations had resumed on the two track process, even as he hailed Secretary of State Hillary Clinton's announcement on a USD 100 billion annual financing fund as a "very important step".

Prime Minister Manmohan Singh and US President Barack Obama will join around 110 world leaders tomorrow in the last day of the 12-day crucial summit, as negotiators worked to stitch a possible deal to combat global warming.

"I think one good thing happened today, the negotiations have resumed on the two track process. I think the sustained pressure brought to bear by the developing countries has paid off," he said.

With the both developing and developed countries sticking to their known stands, the long-winding negotiations faltered a bit triggering fears of a complete collapse.

He said India has a 75 per cent agreement with the US on "transparency" while 25 per cent disagreement on "Monitoring, Reporting and Verification".

Ramesh had earlier said that a group of developed nations led by British Prime Minister Gordon Brown were working out a secret document which they intended to throw up as a surprise at the heads of state level talks tomorrow.

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