Frderik Reifeldt, the prime Minister of Sweden announced that Sweden’s Donation to a European Union program for a so-called “fast-short” financing fund. The total EU donation is expected to be proposed at the meeting in Brussels.The Group of 77, representing the majority of the world’s developing countries, urges the US to join the Kyoto Protocol and commit to emission reductions comparable to those of other industrialized nations.The G-77 chair also referred to historic US efforts to secure world peace and security. According to AFP, the Group of 77 seized the opportunity to urge Barack Obama to steer the US back into the Kyoto protocol and to release 200 billion US Dollars to fight climate change.USA, as a world’s largest emitter historically per capita, has a reduction of 4% compared to 1990 that will not help save the world.

It will be a real challenge that President Barack Obama needs to rise to as a Nobel Prize winner and as an advocate of a multilateral global society.Giving the Nobel Peace Prize to US President Obama for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples, has been seen as means of boosting international climate talks.Bernarditas Muller, coordinator for G-77 and China in relation to the AWG-LCA, stressed that funding from industrialized countries to the third world should not be regarded as development aid; the financing is an obligation of the developed countries under this convention, through the flexible mechanism (under the Kyoto Protocol), the developing countries are helping the developed countries to meet their commitments. He also insisted that funds should be under UN control.An analysis from the Intergovernmental Panel on Climate Change (IPPC) shows that a temperature increase of 2 degrees Celsius can be said to be a threshold value. Above this value the effects of climate change would probably be more difficult to manage and would compound at a quicker pace. Now, more than 100 nations back even tougher climate goals.According to the alliance of small Island states, more than a hundred nations demand 1.5 degree limit on the global temperature rise.The President of the Russian Federation will participate in a meeting of heads of state and government within the framework of the UN climate change conference in Copenhagen.The conference host Denmark welcomes the news of Medvedev’s arrival. This means leaders from the world’s 15 biggest emitters will be attending the conference.It was the latest attempt to remind the world of the reality of global warming after a cache of leaked emails was seized upon by skeptics as proof of a scientific conspiracy to stifle or twist the data on climate change.Fighting back against climate skeptics, over 1700 scientists in Britain have signed a statement defending the evidence that climate change is being caused by humans.