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Industrial nations agree step to new climate pact

Sat Sep 1, 2007 2:04am IST
 
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By Alister Doyle, Environment Correspondent

VIENNA (Reuters) - Industrial nations agreed on Friday to consider stiff 2020 goals for cutting greenhouse gases in a small step towards a new long-term pact to fight climate change.

About 1,000 delegates at the Aug 27-31 U.N. talks set greenhouse gas emissions cuts of between 25 and 40 percent below 1990 levels as a non-binding starting point for rich nations' work on a new pact to extend the U.N.'s Kyoto Protocol beyond 2012.

"These conclusions...indicate what industrialised countries must do to show leadership," said Yvo de Boer, head of the U.N. Climate Change Secretariat, welcoming a compromise deal on the range of needed cuts.

"But more needs to be done by the global community," he told a news conference at the end of the 158-nation talks. Many countries want to broaden Kyoto to include targets for outsiders such as the United States and developing nations.

Delegates agreed that the 25-40 percent range "provides useful initial parameters for the overall level of ambition of further emissions reductions".

It fell short of calls by the European Union and developing nations for the range to be called a stronger "guide" for future work. Pacific Island states said that even stiffer cuts may be needed to avert rising seas that could wash them off the map.

Nations including Russia, Japan and Canada had objected to the idea of a "guide", reckoning it might end up binding them to make sweeping economic shifts away from fossil fuels, widely seen as a main cause of global warming.

Delegates in the Vienna conference hall applauded for 10 seconds after adopting the compromise text by consensus.  Continued...

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
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