Climate treaty full of loopholes: Greenpeace

Last Updated: Saturday, December 19, 2009 - 23:48

Copenhagen: A prominent NGO on Saturday strongly
condemned world leaders at the climate summit for failing to
finalise a "legally binding" treaty and brokering a "take it
or leave it" deal which it said was full of loopholes.

Terming the Copenhagen Climate Summit "a huge missed
opportunity" Greenpeace today in a statement claimed "the
world`s most powerful countries have betrayed future and
current generations."
The environmental organisation accused the world leaders
of "fleeing to the airport."

"Whilst en route to the airport they claimed the deal was
done, it was not. All they left was chaos and confusion in
their wake," it said in the statement.

The organisation said the delegates were engaged in
negotiations through the night but they struggled to
understand the status of the so called `Copenhagen Accord` as
the climate summit came to an inglorious, incoherent and
fiercely disputed close.

"Rather than coming together to secure a future for
hundreds of millions of people by agreeing an historic deal to
avert climate chaos, leaders of the world’s most powerful
countries have betrayed future and current generations,"
Greenpeace International Executive Director, Kumi Naidoo said
in the statement.

The Copenhagen Accord is being hailed by some as a step
forward. It is not. In fact it has not even been formally
adopted by the Conference of the Parties (COP). It does not
contain strong measures for emission reductions in developed
countries, the statement said.

It is a major concession to climate polluting
industries, especially in the fossil fuel sector which lobbied
hard to undermine a deal and now has a license to continue to
pollute, it said.
There are a few plus points, however, it provides for
the establishment of a new Climate Funding Mechanism and
agrees on the need of large scale finance, up to USD 100
billion a year, to allow developing countries to protect their
forest, to put their economies on a low carbon pathway and to
help them adapt to the impacts of climate change.

Furthermore developing countries agreed to take both
voluntary action to reduce greenhouse gas emissions and to
increase those actions if financial support was provided by
developed countries, the statement said.

The world now has to resume the journey on the road from
Bali to Mexico where a fair, ambitious and legally binding
agreement to avert catastrophic climate change must be
adopted, it added.

PTI



First Published: Saturday, December 19, 2009 - 23:48

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