TAG | G-8 to cut emissions, environmentalists aren’t happy |
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| by William Atkins | |
| Wednesday, 09 July 2008 | |
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Page 3 of 3 Before the meeting of the G-8, a group of representatives from the five major emerging countries met. These countries are Brazil, China, India, Mexico, and South Africa. They also stated that developed countries should set a mid-term goal of a 25 to 40% drop of greenhouse gas emissions by 2020 from their base-year 1990 levels. The five countries also suggested that developed countries use 0.5% of their gross domestic product (GDP) to help developing countries counter global climate change, and use 0.7% of their GDP on general aid to such developing countries. [Statistics found in the Reuters article] The five countries laid out their plans publicly before meeting with the representatives of the G-8 countries. These representives stated that a joint global agreement with respect to the reduction of greenhouse gas emissions must take "into account historical responsibility and respective capacities as a fair and just approach.” [Reuters] Additional information on the 2008 Summit is found at: EarthTimes.org: “EXTRA: The G8 summit in numbers” Reuters: “Factbox: What happened at the last five G8 summits” MOFA.go.jp: “Main Themes”
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