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G8 reaches tentative climate change deal-sources

(Agencies)
Updated: 2008-07-08 10:08

TOYAKO - Group of Eight negotiators have reached a tentative agreement on climate change that will be put to their leaders on Tuesday, sources familiar with the talks said, potentially resolving the stickiest issue at their summit.

Group of Eight leaders pose for a group photo at a Tanabata ceremony at the G8 Hokkaido Toyako Summit in Toyako, Japan, July 7, 2008. [Agencies]

A statement that goes beyond last year's G8 summit pledge to "seriously consider" carbon emissions cuts of 50 percent by 2050 is especially important for Japanese Prime Minister Yasuo Fukuda, who has made climate change the centrepiece of the talks.

But efforts to clinch a deal have been hampered by deep differences within the G8. Details of the agreement, expected to be unveiled later on Tuesday, were not immediately available.

Senior officials from the Group of Eight rich nations met late into the night in Japan to thrash out wording that would allow President George W. Bush to put aside deep misgivings and sign on to a global goal of reducing greenhouse gas emissions by the middle of the century.

The statement on climate change is also likely to highlight agreements to develop new technologies and provide funds to help poor countries limit greenhouse gas emissions. But activists were wary of prospects for real progress until a new US president takes office next year.

"It's a little bit of a kabuki play," said Alden Meyer, director of strategy and policy for the Union of Concerned Scientists. "Everyone is just waiting for the next president to see how that changes things."

Food, fuel, climate

Global warming ties into other big themes at the three-day meeting at a plush mountain-top hotel on the northern Japanese island of Hokkaido, where 21,000 police have been mobilised to protect the leaders.

UN Secretary-General Ban Ki-moon, who attended talks on Monday with African leaders, said the drive to reach eight Millennium Development Goals (MDGs) set by the UN General Assembly to reduce world poverty by 2015 was being directly hampered by global warming.

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