BASIC countries accede to Copenhagen Accord

Officials from Brazil, South Africa, India and China (BASIC countries) met here on Sunday and indicated their support to the Copenhagen Accord on climate change.

The officials from the four countries met in New Delhi to devise a common strategy ahead of the January 31 deadline for the accord, a non-binding agreement that emerged from the climate change summit in the Danish capital in December.

The meeting of the bloc of emerging powers is likely to announce a fund they will set up to help other developing countries cope with the effects of climate change.

Only four countries – Australia, Canada, Papua New Guinea and the Maldives – have signed the Copenhagen Accord so far, though South Korea have also indicated their willingness to do so.

Though Australia and Canada have signed, they have not indicated the greenhouse gas emission reductions they are committing under the accord – something developed countries are supposed to do.