Sunday, January 24, 2010

China, India, Brazil, South Africa Agree To Disclose Mitigation Actions

Four of the world's emerging economies, which account for 30% of global greenhouse gas emissions, Sunday said they will disclose their voluntary mitigation actions by Jan. 31 and called for developed countries to release $10 billion pledged for small developing nations to address climate change issues.

The decision was taken during a meeting of the climate ministers of the BASIC group of countries--Brazil, South Africa, India and China--which was held in New Delhi Sunday to discuss their joint strategy for the United Nations climate negotiations.

"The members of the BASIC group have already announced a series of voluntary mitigation actions for 2020.

The ministers expressed their intention to communicate information on their voluntary mitigation actions to the United Nations Framework Convention On Climate Change by Jan. 31," the four member group said in a joint statement after a seven-hour meeting.

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