Oct 27, 2009

Climate Change Treaty Difficult to Achieve, U.N. and E.U

The United Nations recently admitted it did not expect a ‘legally binding’ deal to materialize at the UN Climate Change Summit in Copenhagen this December, saying it might take some time, despite continuous insistence by top U.N officials.

At the same time, leaders of the European Union aim to reach an agreement at the summit in Brussels this Thursday, to help establish the economic bloc’s position in the sphere of global economics and politics. The bloc needs to decide upon their stance on funding to poor nations to avoid a reduction in their economic growth, despite cuts in use of fossil fuels in booming industries.

Views of industrialized as well as developing countries are too divergent at this stage to perceive the threat and solutions to global warming from one angle. Funding to poor nations to curb carbon emission growth as fight climate change is a major obstacle at this moment, so it’s more likely that a simple ‘political declaration’ will result as a starting point. Even in that, the talks will be a milestone.

Because the problem is transcendental and complicated, and belief in global warming is waning according to a recent U.S Poll, it may take many years to resolve the issue. Moreover, ironing out loopholes in treaties takes several years, compromising the efficacy of such initiatives, such as the recent flaw detected in the Kyoto Treaty

The U.S plays an important role in the success of climate talks, being one of the largest economies which did not previously agree to limit carbon emissions. However, under President Obama’s regime, a carbon-footprint limit has been proposed in a draft bill, but it’s far from ready. Nevertheless, prospects are encouraging.

Momentarily, progress is too slow, both in the E.U and the U.S for an ambitious agreement to be reached in Copenhagen.

Sources: Reuters, Scientific American, CS Monitor, BigStockPhoto
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