Tuesday, November 20, 2012

India blames European Union for trying to derail ?Durban deal?

NEW DELHI: India has accused European Union of threatening to break the 'Durban deal' on climate change and linking the ratification of Kyoto Protocol to new conditions.

R R Rashmi, joint secretary (climate change) in the environment ministry and a senior negotiator, said, "To put it bluntly, the gain to EU by not ratifying the Kyoto Protocol is to keep the protocol obligations open and secondly, to link it to the process of negotiations under the Durban Platform (which is to decide a new post- 2020 global regime)."

A last-minute deal agreed between EU and the major developing countries and agreed upon by all others in 2011 at Durban permitted the establishment of a fresh process to finalize a new global deal by 2015. In return, the EU and other developed countries party to the Kyoto Protocol committed to extend its life beyond 2013. The new global deal to be implemented by 2020 is expected to ring fence the bigger developing economies into a higher level of commitment to reduce emission of greenhouse gases.

But the protocol can gain a legally-binding nature only if EU and other rich countries get its life extended through a formal amendment and then ratify the amended version. The first period of the protocol lapses on December 31, 2012.

Rashmi warned that the talks could fail if the developed countries did not formally ratify the protocol. The next round of UN climate talks starts at Doha on Nov 26.

Source: http://timesofindia.feedsportal.com/fy/8at2EuL0gox5F3Xs/story01.htm

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