Date Posted: 2008-12-05
ASIAN WAYS TO CURB CARBON EMISSIONS
Asian countries representing half of the world's population have taken a strong lead in setting up a framework for the new climate treaty that will be finalized at the United Nations coordinated climate summit in Copenhagen next year.
China has pointed out to developed countries that its per-person emissions and cumulative historic output are far below those of the richer countries.
The fast developing People's Republic wants the west to transfer green technology to poorer nations as a meaningful way to curb emissions. It has also called on all developed countries to contribute one percent of their economic worth to help poor nations fight global warming.
With over a billion people, India claims its emissions will never exceed those of developed nations and points out that industrialized nations have a historic responsibility for the bulk of the greenhouse pollution.
India wants western countries to curb their own emissions first and then help the developing world to cub emissions without harming economic development.
The fast developing Indian nation has called for the creation of a venture capital fund for emerging green energy technologies and wants rich countries to agree emissions cuts from 25-40 percent by 2020.
Japan aims to build a consensus on halving world emissions by 2050, agreed by G8 leaders at their summit in Japan this year but will not set mid-term targets until next year.
Indonesia has called for substantial financial support for adaptation to climate change as well as the transfer and funding for clean energy technology to reform its economy.
Meanwhile Australia has pledged to cut emissions by 60 percent by 2050 and believes wealthy countries should adopt mid-term goals as well.
Australia backs the U.N. scheme that aims to save rainforests in developing nations in return for tradable carbon credits, and has called on all developed countries to adopt economy-wide targets as part of a post-2012 outcome.