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India sees battle ahead for future of G20

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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 04:38 PM
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India sees battle ahead for future of G20
With the green shoots of global recovery being seen here and there, Prime Minister Manmohan Singh goes to this weeks G20 summit at Pittsburgh in full knowledge that Western talk of an exit from the groups inclusive, expansionary agenda is aimed at aborting the drive for reform of the international financial system.

If all that the West wanted was to return to business as usual, it might have had its way. But Europe, and to a lesser extent the U.S., want to build on the success of the G20 forum to further other agendas such as getting developing countries like India to shoulder a disproportionate share of the responsibility to tackle global climate change.


But now that the stimulus effects are visible, Europes willingness to reduce its vote share and Americas appetite for reforming the international finance game have noticeably reduced. Instead, there is talk of the G20 evolving a common position on climate change so that the forthcoming Copenhagen summit can deliver an appropriate outcome.

At the London meeting of G20 finance ministers, Brazil, Russia, India and China (BRIC) said this task really belonged to the U.N. process, the Framework Convention on Climate Change.

But at Pittsburgh, there is no reason for the BRIC countries to be diffident, so long as they do not dilute their stand that the advanced industrialised countries are the ones who must make deep emission cuts in order to save the planet from catastrophic environmental change.


There is, after all, no reason why India and China should not emit the same amount of CO2 per capita as North America or Europe.
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