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By Neil Marks in Cancun, MexicoPresident Bharrat Jagdeo yesterday said that he sees the basis for international collective action as the UN climate talks wind down in Cancun, even though there is still agitation on key issues, such as financing.“We all accept that we cannot secure a global, legally binding climate agreement here,Wholesale Jerseys China,” said Jagdeo. “But we can secure decisions to make progress in a number of areas that advance our work towards such an agreement.”He suggested that progress can be made on reducing emissions from deforestation and forest degradation (REDD); the mechanics of a green fund to help invest in mitigation and adaptation in the most vulnerable countries; technology transfer; and on financing.But on financing, Jagdeo argued whether rich countries were really committed to providing immediate financing to the poor countries.As part of the agreement reached at the climate summit in Copenhagen last year, rich nations agreed to provide US$30 billion in fast track funding to developing countries to help them deal with disastrous climate change,Giants #27 Juan Marichal Grey Cool Base Stitched MLB Jersey, but the money is far from coming.“We must see a stop to the repackaging of existing aid commitments as part of the US$30 billion that was promised for 2010 to 2012,Pistons #0 Andre Drummond Navy Stitched NBA Jersey,” Jagdeo declared. “We have not even collectively defined the eligibility criteria for how this money will be invested.If we do not know something as basic as that,Nike Steelers #11 Markus Wheaton White Mens NFL Pro Line Fashion Game Jersey, how can we pretend the money is being disbursed?”The President said that what is long overdue is translating negotiations into collective action. He said this can only happen if political leaders make the necessary decisions and stick to them.“If the US$30 billion promised at Copenhagen for the period 2010-2012 starts to resemble the kind of dubious accounting that created the financial crisis, then it will worsen, not help solve the climate crisis,” Jagdeo stated.The President bemoaned that fact that the high level of political attendance at the UN climate summit in Copenhagen has dwindled.“If this process of downgrading political leadership on climate change continues the decisions needed to create a better future for our planet will not be made,Wholesale Golden State Warriors Jerseys,” he said.Jagdeo reasoned that even if a legally binding agreement cannot be reach,Wholesale Jerseys, there could be commitment to reach one as soon as possible, so world leaders can leave Cancun with a specific path to achieving this.“We do not need to be the stupid generation. We do not need to destroy the wonderful vision of international action that we can deliver,” he declared.The UN climate chief Christiana Figueres said at the opening of the high level summit that the beauty of Cancun cannot hide the fact that the stakes at this particular conference are very high.“The political stakes are high because the effectiveness and credibility of your multilateral intergovernmental process are in danger,Wholesale New York Yankees Jerseys,” she said. “And the environmental stakes are high because we are quickly running out of time to safeguard our future.”