Leaders of the world must take the necessary responsibility in the upcoming 48 hours, urges members of the official delegation of 15 MEPs who are closely following the negotiations for a climate change agreement in Copenhagen.

US secret of state Hillary Clinton arrived in Copenhagen on Thursday just as climate negotiations had reached a critical junction and talks were difficult.

The secretary of state confirmed that the US will pay its share of the short term financing of adaptation and mitigation in developing countries during the next three years. The US is also prepared to work together with other countries to raise 100 billion US dollars annually by 2020.

The US secretary of State department Hillary Clinton will hold meeting at Copenhagen Conference on Thursday and then join up with President Barack Obama when he arrives.

As the first world leader, British Prime Minister Gordon Brown arrived Tuesday in Copenhagen two days ahead of schedule, in order to help broker discussion on who should pay to tackle global warming. A failure at the summit would have serious consequences. If temperatures rise too far, the world economy would suffer an unprecedented "catastrophe". However, the first sign of progress could come on Wednesday with Ethiopia's prime minister and African Union climate negotiator, Meles Zenawi, expected to announce new proposals for climate change.

At the ongoing UN conference on climate change, COP 15, a group consisting of African countries plus the Basic block, Brazil, South Africa, India and China, have drawn up a text for a new global agreement. However, the text is only "ready in the wings", if any of the other group springs a surprise draft then the G-77 would put out this text.

In a speech planned Tuesday before the UN climate conference in Copenhagen, Governor Arnold Schwarzenegger says countries cannot solve the problem of climate change without the help of states, cities, regions, activists, scientists and universities. He will encourage international agreements but say that won't be enough to combat global warming. He also committed California to cutting greenhouse gas emission to 1990 levels by 2020 about 30% cut from projected emissions.

Australian Prime Minister Kevin Rudd urges developed nations as well as emerging economies to compromise and show more flexibility.

According to the economic Times of India, Environment Minister Jairman Ramesh insists that an agreed test on global deal reaching beyond the present period of the Kyoto Protocol must be worked out during the night of Tuesday December 15. He also dismisses any suggestions of replacing the Kyoto Protocol with an alternative agreement:”India is not here to renegotiate agreement. The mandate enables existing two track approaches of the Kyoto Protocol and the long term co-operative Action to move ahead. The two tracks must be completed by 2010 at the latest”.The White House on Monday announced a new program drawing funds from international partners to spend 350 million US dollars over five years to supply developing nations with clean energy technology.