👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

China says U.S. envoy "irresponsible" on climate aid

Published 12/11/2009, 02:40 PM
Updated 12/11/2009, 02:42 PM

By Emma Graham-Harrison

COPENHAGEN, Dec 11 (Reuters) - China on Friday attacked a top U.S. envoy as either "extremely irresponsible" or lacking in common sense, for saying at a global summit to tackle warming that no U.S. climate aid would go to China.

Vice Foreign Minister He Yafei also said that developed countries would need to offer more than short-term financing at Dec 7-18 talks in Copenhagen, if they wanted poorer nations to sign up for a long-term emissions-cutting goal.

Todd Stern, President Barack Obama's special envoy for climate change said earlier this week, that he could not "envision" public funds going to China.

China's He said that was a dangerous betrayal of a globally agreed principle that rich nations had a responsibility to help poor nations adapt to a warmer world and cut emissions.

"I was shocked, personally, to read the American negotiator's (comment)," he told a news conference.

"I don't want to say the gentleman is ignorant, because he is very well educated, but I think he lacked common sense when he made such a comment vis-a-vis funds for China. Either lack of common sense or he is extremely irresponsible."

He compared the wealthy world to people eating at a fancy restaurant, who are joined for desert by a poor friend, and then demand he pays a share of the whole meal.

"We are not asking for donations. They have a legal responsibility, the U.S. included. Whoever created this problem, they are responsible."

The rift between rich and poor nations has stalled the Dec 7-18 climate talks in the Danish capital, which aim to agree a new global pact to fight warming. A draft text unveiled on Friday revived flagging hopes that a deal might be within reach.

It said global emissions should at least halve by 2050 compared with 1990 levels, but omitted details on rich nation funds to help poor nations cut their output of greenhouse gasses and adapt to a warmer world.

The draft came the same day the European Union made an offer of 7.3 billion euros ($10.8 billion) of climate aid over the next three years, but He said both the draft text and the funding would not satisfy developing countries.

"I doubt the sincerity of developed countries in their commitment," He told a news conference.

"Why are they not talking about a commitment of providing funds through 2050? That will make them credible when they are asking for an emissions reduction by 2050."

He declined to comment directly on whether China wanted aid, but said the most threatened nations would be first in line for any cash, and added that China planned to stick to its domestic emissions curbing plans with or without foreign funds.

"If I say I renounce the right to use funds from developed countries, its against that very principle I have repeatedly emphasised. It doesn't mean we are asking for funds...most vulnerable nations first," He said.

But He added that China and the U.S. should not be grouped together, as although the overall size of his country's economy was large, per capita income was still relatively low and around 150 million people were still living below the UN poverty line.

"When people mention US and China together, they tend to forget that these two countries belong to totally different categories. The U.S. is part of the developed countries...China is part of developing countries. You cannot mix the two." (Editing by Dominic Evans)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.