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Summary
Malaysian Prime Minister Najib Razak on Sunday said his country would pledge credible cuts in its emissions of carbon dioxide at the Copenhagen climate change summit. The developed world must be. must deliver against larger cuts in terms of carbon emission. And that developing world should be assisted particularly in terms of financial assistance, capacity building and technology. And that, we as a developing country should also be able to play our part, and Malaysia will offer some voluntary cuts, the amount of which we are in the process of deciding. So, we are not just going to urge the developed world but we will also make our commitment, he told Reuters in an exclusive interview before departing for the summit. Najib will be among more than 110 world leaders who will meet in Copenhagen next week to try to clinch a deal on deeper emissions cuts by rich nations, steps by developing nations to cut their carbon pollution and finance to help the poor adapt to climate change.UN data shows Malaysia's carbon emissions in 2006 stood at 187 million tones or 7.2 tonnes from each Malaysian. Najib also said that despite the current economic turmoil, which has seen the United States and Europe plunge into huge budget deficits, the fight against climate change has to take priority. Yes, we are willing to offer our commitments, unless not we have to call upon the developed world, I'm going to commit Malaysia. And I hope to commit Malaysia to a very credible target, which means we have to spend as well, which we will do, said Najib. The United Nations wants to raise $10 billion a year from 2010-12 in quick-start funds to help the poor cope with global warming and move away from fossil fuels. But few nations have offered quick-start cash. In the longer term, the United Nations estimates the fight against global warming is likely to cost $300 billion a year from 2020, largely to help developing nations adapt to impacts such as droughts, floods and heatwaves.
