Nicholas Stern
London Observer
Sunday, Oct 18th, 2009

Energy and environment ministers from the world’s major economies are meeting in London today to try to accelerate crucial negotiations over an international treaty on climate change.

Strong progress has been made in the past few weeks, with Japan, for example, announcing that it will cut its emissions of carbon dioxide and other greenhouse gases by 25% by 2020 relative to levels in 1990.

But there are still major obstacles and some doubt whether a strong global deal can be hammered out in time for the United Nations’s conference on climate change in Copenhagen, now just seven weeks away.

Agreement can be reached if governments now focus on the key issue: the required overall reduction in emissions, with rich countries taking the lead through strong, binding targets and financial support for developing countries. Numbers are important to this, so let me explain why.


Full article here


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