At the United Nations Framework on Climate Change in Copenhagen, after four days of negotiations, Africa countries have made the first draft version of future possible treaty, to replace the 1997 Kyoto protocol. Africa leaders demand 5% of GDP of developed world citizens to be given as a finance to developing countries for struggle with global warming. Along with this, developing countries expect rich countries to increase their emissions cuts goals.
Funding for developed countries was previously expected to be 130 million US dollars. The new proposal is about 11 times larger, according to 2008 GDP estimates. In an interview in Copenhagen, China’s representative Su Wei commented, “The developed countries need to speed up the process and come forward with more ambitious targets by 2020.”