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With the issue of climate change becoming significant during the G8-G5 summit in Italy, especially in the run-up to the UN climate change summit to be held in Copenhagen this December, emerging economies of the G5 are exerting pressure on the G8 to commit to earlier targets on reducing emissions.
"There is not much willingness among the developed countries to set the 2020 targets. Developing countries want a sharp decrease in emissions - at least by 40 percent by 2020," Prime Minister Manmohan Singh's special envoy on climate change Shyam Saran said in Italy on Thursday.
"There is an important political message from the G5 to the developed countries that they have to commit to reducing emission targets by 2020. On climate change, the developed countries have a historical responsibility to pay for the accumulated pollution," Saran said.
Climate change is affecting farm output, making droughts, floods and storms more severe and more frequent and raising the sea level. India is one of the worst-affected countries.
The G5 -- India, China, Brazil, South Africa and Mexico -- is suggesting that at least 1% of the GDP of developed countries should go towards checking climate change.








