COP15 Highlights-Dec 9, 2009

The Chairman of the G-77 Lumumba Stanislaus DI-Aping today criticized the leaked proposal from Denmark for a final document for the COP15 Climate Summit conference. But both NGO's and the UNFCCC downplay the role of the draft, saying that it belongs to the past, not the coming negotiations.The draft suggests that developing countries should accept binding agreements on reducing CO2, something they are not required to do under the current Kyoto agreement. The draft also suggests that the World Bank, rather than the United Nations should control the flow of funding from rich to poor countries.

Source: The NewsMarket