On the second day of the COP15 Climate Change Conference in Copenhagen, Denmark, a paper has surfaced which has developing nations “furious”.
The Guardian reports that a paper identified as “the Danish text” proposes that climate change funds be controlled by the World Bank. It apparently ties in access to climate change funds with obligations to “perform certain actions”.
Additionally, the paper sidelines the role of the UN, and allows developed countries to emit twice the amount of greenhouse gases, than developing countries.
“It is being done in secret. Clearly the intention is to get [Barack] Obama and the leaders of other rich countries to muscle it through when they arrive next week. It effectively is the end of the UN process,” said an anonymous diplomat.
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