"Over the weekend, environmentalists howled as short-term targets were stripped from a forest plan at the U.N. climate talks over complaints that rich nations weren’t offering developing countries financing. In the latest draft of the forest plan, the short-term targets are back, with the caveat that any bold action would have to be backed up by financing." Michael Casey reports on AP's Climate Pool Dec. 14, 2009.
"COPENHAGEN -- Industry has struggled to sway U.N. climate talks in Copenhagen because of a remote negotiating process and a lobby split between climate policy winners and losers, executives said on Friday. ... Senior executives met at a separate location several miles from the December 7-18 U.N. talks, and accepted that the business lobby was split on climate action which could disadvantage energy-intensive sectors including cement and power generation." Gerard Wynn reports for Reuters Dec. 11, 2009, with Anna Ringstrom.
"European leaders today sought to boost the chances of a climate change deal in Copenhagen next week by pledging €2.4bn a year from January to help the world's poor countries cope with global warming in the next three years. Beyond that, to 2020, the UK and France said that a tax on global financial transactions should be used pay for the fight against climate change." Ian Traynor reports for the UK Guardian Dec. 11, 2009.
"EU leaders are holding a summit in Brussels, with climate change firmly at the top of the agenda. On the table at the two-day meeting is how much aid the bloc will give to developing nations to tackle the effects of global warming." The BBC's Oana Lungescu, in Brussels Dec. 10, 2009, says EU leaders will try to agree on a joint offer of around 6bn euros ($9bn; £5.5bn) over three years.
"BOSTON -- As the U.S. climate delegation arrives in Copenhagen nearly empty-handed, watchdog groups back at home say they know why: a political system gone astray due to the influence of huge amounts of corporate cash. "The bottom line is our method of private financing of campaigns is a disaster," Tyson Slocum, director of energy at Public Citizen, an NGO, told IPS. Adrianne Appel reports for IPS/TerraViva Dec. 6, 2009.
"COPENHAGEN -- Poor countries on Thursday challenged Barack Obama as he received his Nobel prize to steer the US back into the Kyoto Protocol and help free up 200 billion dollars in funds to fight climate change." AFP had the story Dec. 10, 2009.
"COPENHAGEN -- Financier George Soros, who's declared he will invest up to $1 billion in low-carbon energy technology, waded into the dispute Thursday over how to finance efforts by poor countries to combat climate change by proposing that rich nations tap into special currency reserves issued by the International Monetary Fund." Alessandro Torello reports for the Wall Street Journal Dec. 10, 2009.
"COPENHAGEN -- Major developing countries, and especially China, must commit to their part in reducing greenhouse gas emissions if the world is to reach a global agreement to fight climate change ..., the U.S. chief negotiator at the climate summit in Copenhagen said Wednesday. 'There is no way to solve this problem by giving developing countries a pass,' Todd Stern said during a press conference in the third day of negotiations. 'Virtually all of the growth in emissions going forward ... will be coming from developing countries,' of which about 50% from China alone, Mr. Stern said." Alessandro Torello reports for the Wall St. Journal Dec. 9, 2009.
"COPENHAGEN -- President Barack Obama's top aides promised on Wednesday 'robust' negotiations toward a global climate change deal this month, but firmly stated the United States does not owe the world 'reparations' for centuries of carbon pollution. They also warned that China, with its booming economy, would not be a recipient of any U.S. aid, even though the Asian heavyweight is considered a developing country under U.N. rules." Richard Cowan reports for Reuters Dec. 9, 2009.