December 20, 2009 2:31 PM

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No consensus on emission cut in climate deal

The Copenhagen Summit on Climate Change has ended without a consensus on emission cuts but the conference decided to take note of US brokered deal with India and three other emerging economies. The deal calls on industrialised nations to set their emission targets by February 2010 and also asks the developing countries to do the same. It provides that unsupported actions could be subject to assessment only by domestic institutions but adds a new provision for international consultations and analysis without impeaching national sovereignty. It also provides for 100 billion dollar long term funding for developing countries and 30 billion dollars for short term which would go to the poorest and most vulnerable. The accord requires industrial countries to list their individual targets and developing countries to outline the actions they are willing to take to cut emissions by specific amounts. Several countries including Japan, Germany and Britain besides Maldives supported the deal but it was strongly opposed by many African and Latin American countries. They included Sudan, Cuba, Bolivia and Venezuela on the ground that it lacked specific targets for reducing carbon emissions. The summit failed to adopt the legally non-binding deal for want of consensus. The deal was brought to the plenary as a draft document.<br/><br/>The announcement of the deal was made by President Barack Obama after extended talks with leaders of the four nations.<br/><br/>However, UN Secretary General Ban Ki Moon described the deal as an essential beginning of a process to evolve a binding pact on controlling green house gas emissions.<br/><br/>AIR correspondent reports from Copenhagen that the summit's failure to adopt a deal has led to disappointment among countries that wanted action on climate change.<br/><br/>The Prime Minister Dr. Manmohan Singh who returned to New Delhi on Saturday after attending the summit is reported to have told the US President that that India cannot accept any formulation which is unacceptable to Parliament and is against public opinion.<br/><br/>The leaders made it clear to him that sustainable development cannot be brushed aside. <br/><br/> <br/>

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