(Reuters) – the idea of taxing financial transactions for a Fund of $ 100 billion (EUR 74.680 million) for projects related to climate change did not appear Saturday in the draft of an important group of global, prompting doubts about how draws the programme.
The draft of the negotiations is the first important text emerged from negotiations of United Nations, which occur between nearly 200 Nations. Talks began this week in the city of Durban, in South Africa.
Proposed the tax transactions in foreign currency as a stable form of financing for the Fund, which removes part of the responsibility on Governments, as their policies may change.
The Fund aims to raise at least $ 100 billion annually by 2020 to help poor countries, the most affected by global warming overall.
“The truth is that there is a real danger that the money is falling from the text,” said Tove Ryding, Greenpeace activist by climate change.
The draft presents a list of options at several points to be used for discussions of next week, when more delegates and high-ranking Ministers. Is expected that the negotiations will be concluded in the December 9.
The envoys of the United Nations said that the text was a “glimpse” on the point where they were the negotiations after a week.
The text lists three options for funding annually to the Fund, ranging from going beyond the original goal to “(support) the current (…)” “to address the needs urgent and immediate of the developing countries that are particularly vulnerable”, but did not mention a monetary goal specific.
Document is independent of the Kyoto Protocol, which includes the reduction of emissions of carbon dioxide, a point binding in most advanced countries.
China, the world’s largest emitter of CO2 and that it has not signed the Kyoto obligations, he helped to revive the negotiations say that it could enter into a legally binding agreement to reduce their emissions.
“Do not rule out the possibility of linking us legally.” “It is possible for us but depends on the negotiations, said on Friday at press Su Wei, principal negotiator China.
The European Union has said it will sign a second batch of targets under the Kyoto Protocol of 1997, but only if all the big emitters agree cuts legally binding, they would begin to be implemented by 2020.
Up to now, China, India and United States, the largest emitters in the world, have not signed the Protocol and refused to commit itself legally, thereby increasing the possibility that no country will have binding targets for reducing emissions after 2012.
