EXCLUSIVE - Danish draft urges 50 pct global emission cut by 2050

NEW DELHI Mon Nov 30, 2009 2:25pm IST

Related Topics

NEW DELHI (Reuters) - The world should cut greenhouse gas emissions by 50 percent by 2050 from 1990 levels with the bulk of the reduction coming from rich countries, according to a draft proposal by Denmark, host of Dec 7-18 U.N. climate talks.

The draft, a copy of which was seen by Reuters, said rich countries should account for 80 percent of the global emission cuts by 2050.

The draft, which could become the basis of a political agreement at the end of the climate talks in Copenhagen, suggested the world adopt 2020 as the year when global emissions will peak.

It did not specify any mid-term emission target for developed countries, a key demand from poorer countries.

The draft also suggested efforts be made to keep the rise in global average temperatures to within two degrees Celsius.

"Parties should work together constructively to strengthen the world's ability to combat climate change," the draft says.

The U.N. talks have run out of time to settle a legally binding deal after arguments between rich and poor nations about who should cut emissions, by how much and who should pay. But hopes are growing that a substantive political pact can be agreed at the December meeting instead.

Developing countries led by China and India are also expected to table a text that they would like to be turned into the basis for negotiations.

Danish Prime Minister Lars Lokke Rasmussen says he wants a 5-8 page "politically binding" agreement, with annexes outlining each country's obligations such as cuts in emissions by 2020 by developed nations.

He also wants also a deadline in 2010 by when the deal has to be translated into a legal treaty text.

(Editing by David Fogarty)

FILED UNDER:

Politics

REUTERS SHOWCASE

Fund Raising

Fund Raising

Flipkart raises $700 million in fresh funding.   Full Article 

Reforms Push

Reforms Push

Modi may order insurance, coal reforms if vote delayed - officials.  Full Article 

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

Hacking Attack

Hacking Attack

N.Korea says did not hack Sony, wants joint probe with U.S.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage