In proposing a system that the United States and China might agree upon, Ramesh in no uncertain terms told U.S. climate envoy Todd Stern and Deputy National Security Adviser Michael Froman that money and technology assistance to developing countries must be part of any deal on formulating a transparent system. Moreover, he said, extending the 1997 Kyoto Protocol beyond its expiration date in 2012 is a key element to any agreement.
"Let me also say that without a firm commitment to have a second commitment period for the Kyoto Protocol and improved mitigation pledges from the USA, the [transparency] framework I am suggesting simply will not fly," Ramesh wrote. Read the full report here.
Source: by Lisa Friedman of ClimateWire, The New York Times.