EU wants balancing package with adaptation, technology, finance, REDD plus and capacity-buildingAs the high-level segment of the U.N. climate change conference began here on Tuesday, the second period of commitment to the Kyoto Protocol (KP) has become a contentious issue. After japan's statement on the opening day of the conference last week that it was not in favour of committing itself to a second phase, things had taken a downturn.The...

Chief playersThe United States came to Cancun without its commanding influence as a world leader against global warming. It has failed to pass a climate change bill - again - making other countries more skeptical of President Obama's pledge to dramatically reduce the nation's carbon emissions 17 percent compared with 2005 levels. So the U.S. goal to increase transparency by persuading other nations to let outside reviewers measure their emissions...

International prices of most agricultural commodities are on the rise again. Prices of major food crops have increased disconcertingly, with wheat, rice, maize and soybean registering double-digit increases between June and October. Wheat prices increased alarmingly by more than 71%, while maize recorded a more than 50% spike. The Food Price Index released by the Food and Agriculture Organization (FAO), the most widely accepted barometer for food prices, also painted...

Italy, the United States, Greece, Belgium and the United Kingdom top a list of two dozen developed countries that let their most vulnerable children fall even further behind, with enormous consequences not only for the youngsters themselves but for the economy and society at large, according to a new United Nations report released today.“As debates rage on austerity measures and social spending cuts, the report focuses on the hundreds of...

A death threat to a historic 13-year-old international treaty on climate change that surfaced last year appears to have intensified and may stall progress at the UN climate change talks here in this scenic Mexican city. Several industrialised countries are opposing the continuation of the Kyoto Protocol, the 1997 treaty that had set legally binding targets only on industrialised countries for the reduction of emissions of greenhouse gases up to the...