The United Nations agency entrusted with accelerating sustainable industrial development in poorer states today pledged to help the world’s 49 least developed countries (LDCs), 33 of them in Africa, to withstand global financial crisis. “The global financial crisis is moving many LDCs into troubled waters with heightened risk to exports, investment, credit, banking systems, budgets, the balance of payments, and remittances, and, the most vulnerable are those countries which depend...

Basic negotiating point is our low per capita income Between 1990 and 2005, emission intensity went down by 17.6 per cent NEW DELHI: India on Thursday announced 20-25 per cent carbon emission intensity cuts on the 2005 levels by 2020. This would be done through a series of measures including mandatory fuel efficiency standards for all vehicles, a compulsory green building code and switching over to clean coal technology. Following a four-hour...

Rich and poor countries have to give ground to get a deal in Copenhagen; then they must focus on setting a carbon price AT A time when they are not short of pressing problems to deal with, the presence of 100-odd world leaders at the two-week meeting that starts in Copenhagen on December 7th to renew the Kyoto protocol on climate change might seem a little self-indulgent. There will be oceans...

This has been a hot week for climate talks. The two laggards, China and the US, both departed from their no commitment stand to boldly announce the following: the US to reduce its carbon emissions by 17 per cent over 2005 levels, and China to reduce the intensity (CO2 emissions per unit of output) by 40-45 percent. Europe has already promised a 40 per cent cut in per capita terms....

China's decision to unveil carbon emissions targets two weeks before the Copenhagen climate change summit has put pressure on India, a minister says. Environment Minister Jairam Ramesh has said China's decision is a "wake-up call to India". India, like China previously, says it will not commit to cuts until developed nations also pledge to meet targets. China said this week it aimed to reduce its "carbon intensity" by 40-45% by the...