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'Deadlock' Time As Annual Climate Ritual Nears Its Peak

Rich Nations Get Cold Feet Over $100 Billion Climate Fund Promise


Developed countries do not wish to provide a road map before 2019 for their financial commitments to fight climate change. But at the Lima talks they have demanded that the linked actions of developing countries to reduce emissions be announced and reviewed well before, by 2015 itself. This has led to a logjam on the issue of finance in the negotiations. But, it has also got all the factions within the over-arching G77+China group of 134 developing countries aligned close. --Nitin Sethi, Business Standard, 12 December 2014
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