Despite the lack of progress, a senior negotiator here noted that a spirit of compromise seemed to be in the air in Durban where 194 countries have gathered to agree on the next steps to combat climate change. In that spirit, the negotiator noted that EU was now talking of "reassurance," which is a less stringent way of saying legally binding cuts. In that case, he warned, India wants "mutual reassurances" that EU will sticks to ambitious carbon emission reduction commitments without shifting the goal posts further. The Indian negotiator further noted that while the climate talks were difficult and complicated, like the last thing to come out of Pandora's Box, "hope" was still alive. Read the full report here.
Source: IBN Live.