Day 5: Danish Text May Have Bigger Circle

TIM GRIEVE & LISA LERER write for Politico,

BREAKING, from AFP: “EU officials scrambled through the night to secure six billion euros in pledges Friday to help the developing world tackle climate change and provide a boost to UN climate talks in Copenhagen.

“The first day of a European summit broke up late Thursday with the Swedish EU presidency still short of its goal but confident that more money could be squeezed out of the 27 assembled heads of state and government.

“The leaders are determined to underline the EU’s leadership role in fighting climate change and set the tone for the on-going global warming talks in Copenhagen, where money is a hot topic.
“’We are still working on putting together what European countries on a voluntary basis are able to put on the table,’ Swedish Prime Minister Fredrik Reinfeldt told reporters at a late-night press conference.

Happy Friday, and welcome back to the Copenhagen Connection.

THE MINDMELD: Delegates, White House officials and NGOs are atwitter over reports and rumors that China and India not only saw but signed off on a copy of the now-infamous Danish draft before it leaked to press.

If true, the reports would signal a deeper rift than many anticipated in the G-77 — which could change years of developed vs. developing world drama. Already, talk of a break is high because of strict demands from the small island states.

A divide would be good for the United States and Europe, which want to bag a win at the talks — and don’t want the G-77 following through on threats to blow up the talks with a walk-out.

It would also be a positive signal for U.S. negotiators, who hope to break up the developing-nation block as a way of weakening its demands for more money and stricter emissions cuts.

Smart delegates are also keeping close watch on South Africa — does it stay with African nations or break off with the emerging economies?

And all eyes are on Brussels — Copenhagen is closely watching the year-end E.U. meeting. Officials are supposed to come out with some final decisions on short-term finance and emissions — key points that could have a huge impact on the conference. E.U. negotiations have been talking about going to 30 percent to boost the international talks, but Poland and Italy are skeptical. Watch closely to see who wins that fight.

Also: Watch closely to see what impact, if any, Kerry/Graham/Lieberman’s new framework has on the debate. U.S. negotiators will use the framework to show that they are ready to take action. But the outline has a goal that’s bound to disappoint many in Copenhagen.

read more at Politico

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