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hyderabad india local guide
India

Rich should fund emission reduction in poor countries: Singh

Sunday, 8 November 2009

New Delhi, November 08: India today promised to work for a purposeful outcome on climate change at the Copenhagen Conference, but asked rich nations responsible for the damage in the first place to finance developing countries' work on limiting carbon emissions.

"We will work with all like minded countries to promote a purposeful outcome of the Copenhagen Conference (from December 6-18)," Prime Minister Manmohan Singh said at the India Economic Summit attended by industry and business captains from around the world.

He, however, held developed nations responsible for the CO2 accumulation due to industrialisation over the last 150 years.

This was "not as a result of anything that we have done... in recognition of common but differentiative capabilities, which is our hope that while all the countries will be required to contribute according to their capacities and abilities, the world's major economies will be prepared to ...
--PTI

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