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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Europe laments 'lack of ambition' in climate deal AFP - Saturday, December 19 Send IM Story Print Europe laments 'lack of ambition' in climate deal COPENHAGEN (AFP) - – European leaders expressed widespread disappointment Saturday at a deal brokered at the UN climate summit, lamenting that their ambitions for deep emission cuts had not been matched by others. While leaders said the agreement between a core group of leaders in Copenhagen was better than nothing, they made little effort to mask their sense of let-down, especially over the failure of developing nations to sign up to binding targets on reducing greenhouse gas emissions. "Let's be honest, this is not a perfect agreement, it will not solve the climate pressures, the climate threat to mankind," said Swedish Prime Minister Fredrik Reinfeldt, whose country holds the rotating European Union presidency. Jose Manuel Barroso, head of the EU commission, said the lack of a legally binding agreement was a "matter of concern". "This accord is better than no accord, (but) it wasn't a huge step," he told reporters. "The level of ambition is not what we were hoping for." The EU unilaterally agreed last December to cut its emissions by 20 percent by 2020 over 1990 levels, and had promised to raise that figure to 30 percent if others followed suit in Copenhagen. Related article: Climate deal 'worst in history': G77 "We came here to try and put positive energy into this process," said Reinfeldt. But hopes that the 30 percent pledge would inspire others proved wide of the mark, with neither China nor the United States -- the world's two biggest polluters -- making fresh offers. US President Barack Obama said a "meaningful" agreement had been reached during exhaustive meetings involving about two dozen presidents and prime ministers, but admitted however that it did not go far enough. "Today we have made a meaningful and unprecendented breakthrough here in Copenhagen," Obama told reporters. "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." The agreement foresees US contributions of 3.6 billion dollars in climate funds for the 2010-2012 period while Japan would contribute 11 billion dollars and the European Union 10.6 billion. It also includes a commitment to limit global warming to two degrees Celsius (3.6 Fahrenheit) -- well short of the demands of island nations. But a decision on targets for reducing carbon emissions by 2020 was put off until next month, a European diplomat said. Related article: Emission pledges And unlike earlier drafts, the new accord did not specify any year for emissions to peak. The US president said before leaving Copenhagen that what had been billed as one the most important summits since World War II would be the starting gun for a much stronger effort to combat global warming. "Going forward we are going to have to build on the momentum we have achieved here in Copenhagen. We have come a long way but we have much further to go." China had bristled at anything called "verification" of its plan to cut the intensity of its carbon emissions, seeing it as an infringement of sovereignty and saying that rich nations bore primary responsibility for global warming. Disagreements between the United States and China had been at the core of the divisions holding up a deal. Asked at a press conference about China's position, British Prime Minister Gordon Brown took a swipe at Beijing for "clinging to their version of what an international organisation should not do." Brown said that an agreement at Copenhagen -- which still needs to be approved by the 194 UN members gathered in the Danish capital -- should serve only as a first step towards a legally-binding treaty. German Chancellor Angela Merkel said she viewed the outcome with mixed emotions, saying "the only alternative to an agreement would have been a failure." Merkel, who has offered to host a follow-up meeting in mid-2010, said that the powers of UN Framework Convention on Climate Change (UNFCCC) needed to be beefed up, along the lines of the UN's World Health Organisation. "What we need is a UN environment organisation that could control the implementation of the climate process," she said. Like his colleagues, French President Nicolas Sarkozy said the deal was the only one that could be reached after the summit had revealed deep rifts. "The agreement is not perfect but it's the best one possible," Sarkozy told reporters. There was no immediate word on Russia's stance. President Dmitry Medevedev was one of the first to leave Copenhagen, having voiced frustration at the negotiation process overseen by the Danish government. Different versions of the document showed the leaders particularly split over whether to fix a firm date for finalising a legally binding treaty in 2010, and a commitment to slashing global carbon emissions in half by 2050. Scientists say failure to curb the rise in Earth's temperature will lead to worsening drought, floods, storms and rising sea levels. The agreement was met with dismay by campaigners. "By delaying action, rich countries have condemned millions of the world's poorest people to hunger, suffering and loss of life as climate change accelerates," said Nnimmo Bassey, chair of Friends of the Earth International, calling the outcome "an abject failure". "The blame for this disastrous outcome is squarely on the developed nations." The WWF environmental group voiced concern that the Copenhagen does not bind nations to action. "A gap between the rhetoric and reality could cost millions of lives, hundreds of billions of dollars and a wealth of lost opportunities," said Kim Carstensen, the leader of the WWF's Global Climate Initiative. 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