From: David Fogarty, Reuters
Published October 2, 2009 06:43 AM

Emissions Targets, Costs Stall Climate Talks

Efforts to convince rich nations to toughen emissions cuts have failed to make much headway at climate talks in the Thai capital, the U.N. said on Friday.

Delegates from about 180 nations are meeting in Bangkok to try to narrow differences on ways to broaden and deepen the fight against climate change.

The September 28-October 9 talks are the last major negotiating session before environment ministers meet in Copenhagen to try to seal a tougher global pact to replace the Kyoto Protocol.

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"Progress toward high industrialized world emissions cuts remains disappointing during these talks. We're not seeing real advances there," Yvo de Boer, the head of the U.N. Climate Change Secretariat, told reporters.

"Movement on the ways and means and institutions to raise, manage and deploy financing support for the developing world climate action also remains slow."

The U.N. climate panel says rich nations should cut emissions between 25-40 percent from 1990 levels by 2020 to avoid dangerous climate change. But the aggregate cuts pledged by industrialized states remains well below this level.

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