Friday, January 29, 2010

Mexican Leader Seeks Climate Commitments at Davos

Facing down the skeptics, Mexico's president urged governments and companies on Friday to cough up the cash to fight climate change and avoid a repeat of the failure at Copenhagen to set binding targets for cutting greenhouse gas emissions.

With a worldwide shaky economic recovery under way, Felipe Calderon pleaded for aid and investment from executives and political leaders at the World Economic Forum, hoping to unite the world on a firm blueprint to slow the warming of the planet.

This year's big U.N. climate change meeting — being held Nov. 29-Dec. 10 in the Mexican resort of Cancun — will be challenged to succeed where the 2009 meeting in Copenhagen failed.

"We need to try to learn from our mistakes in Copenhagen," Calderon said. "If we can find an economic mechanism ... we will be on track."

Posted via web from Cancun Mexico News

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