Amb. Rajagopalan chaired the session while Mr. Mukul Sanwal and Mr. V. Raghuraman were external discussants and Avinash Godbole and Antoine Levesques were internal discussants.
Dr. Uttam Sinha highlighted the core points of the present state of the global Climate Change debate. Developed and developing countries have contrasting priorities about climate change and development. Therefore, until a common understanding of the framework on emission reductions is developed, it is difficult to reach an agreement that is acceptable to all. Equity is the key to reach a common action agenda on climate change. Climate change negotiations have lacked transparency, trust building and strong leadership. The grand deal will be about financial commitments and technology. However, there have been no firm commitments in this regard. The Obama initiative is unlikely to be approved by the US Senate due to business interests. In India, there is some opinion that favours mitigation in the national interest, but other sections favour a wait and watch policy. India has taken a stand on moral grounds and its negotiating position is based on per capita emissions which state that emissions will not cross the levels of the developed world. Various interest groups comprising nations with different interests have emerged leading to Copenhagen. The general response of various states to the climate change debate is based on their developmental objectives and security interests.