Setback for global climate

The efforts to set up a fund to fight climate change and its impact have suffered a setback. A handful of states blocked the establishment of the so-called Green Climate Fund at the UN Climate Change Conference in Durban. The entire summit will be a failure, the liberal daily Corriere del Ticino now fears: "The representatives of the individual nations left their respective capital cities empty handed and above all with the deep conviction that in the area of environmental protection the multilateral era is also coming to an end. The agenda itself testifies to a lack of ambition for it focuses on the controversial extension of the Kyoto Protocol that expires in 2012. Hadn't that possibility long since been written off? Point two on the agenda pertained to the infeasible demand of investing 100 billion US dollars in green technologies. ... Moreover the media are paying scant attention to the whole affair. The climate conference is being eclipsed by a series of other problems that are wrongly considered more urgent."

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