G8 Climate Pact – Success or Failure?
Monday, July 13th, 2009So what has the G8 Climate pact with developing countries really achieved? Well on the surface of things…not much. The developing countries have not been able to persuade their rich counterparts to adopt their emission cuts by 2020 and neither have they been able to get the G8 Leaders to pledge billions of dollars towards green technology.
Although the climate declaration agreed at the G8 meeting doesn’t go far enough for many it has symbolised a change with many of the big players such as the USA and Australia, who under President Bush and John Howard would never have happened.
We can only hope that this is a good sign and that the new global climate treaty set to be discussed this December at the UN summit in Copenhagen will see many countries pledging money towards renewable energy sources.