Obama Day in Copenhagen?

Suzanne Goldenberg writes for the Guardian,

Barack Obama is poised to arrive in Copenhagen tomorrow with additional pledges of cash for poor countries which will suffer the most from global warming, a day after America’s promise to support a $100bn a year climate fund.

Obama’s arrival has been the most anticipated event of the 10-day summit, which has lurched between optimism and rank despair. He will seek to make a decisive impact, building on the announcement today by Hillary Clinton, the secretary of state, who said for the first time that America would support a $100bn global climate change fund from 2020. But she will be a tough act to follow, as the statement was seen by delegates as a gamechanger.

Obama is expected to add an extra boost of momentum by beefing up America’s share in a $10bn a year fast-track aid package. That aims to cushion poor countries from the impact of climate change and promote rainforest preservation starting next year. He is also expected to outline little-known provisions in the climate bill passed by the House of Representatives that would direct some $4bn a year from the auction of emission allowances to a fund to help developing countries adapt to climate change and deploy clean technology.

He is also expected to call more forcefully on the Senate to pass climate change law, critical to the eventual success of Copenhagen. “I’ve got a sense that she set the table, and he is going to deliver the knock-out punch,” said Earl Blumenauer, part of the delegation of Democratic congressmen to the talks.

Clinton gave no specifics on how America would raise its share of the $100bn fund, and she made her offer contingent on overcoming an atmosphere of mistrust to reach a deal at Copenhagen. “It is no secret that we have lost precious time in these past days,” she said. “In the time we have left here, it can no longer be about us versus them — this group of nations pitted against that group. We all face the same challenge together.”

read more at the Guardian

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