Meaningful deal struck with India: US
Copenhagen: Hours after high drama at the Climate Change Summit here, President Barack Obama said the US and several other countries, including India, have reached a legally non-binding “meaningful” deal to combat the threat of global warming.
Obama said three components – transparency, mitigation and finance – form the basis of the common approach that the United States, India, China and other major emerging economies embraced in Copenhagen.
“Today we’ve made meaningful and unprecedented – made a meaningful and unprecedented breakthrough here,” Obama told reporters here after a meeting with Prime Minister Manmohan Singh and leaders of China, Brazil and South Africa.
“For the first time in history all major economies have come together to accept their responsibility to take action to confront the threat of climate change,” he said.