G8 agrees to limit global warming; China, India resist

By Darren Ennis and Daniel Flynn

L'AQUILA, Italy (Reuters) - The G8 agreed on Wednesday to try to limit global warming to 2 degrees Celsius and cut its greenhouse gas emissions by 80 percent, but it failed to persuade China and India to join a bid to halve world emissions.

With only five months until a new U.N. climate pact is due to be agreed in Copenhagen, climate change organisations said the G8 had left much work to be done and ducked key issues.

China and India resisted signing up for a global goal of halving greenhouse gas emissions by 2050. Developing economies demanded rich nations commit to steeper short term reductions.

And while the 2 Celsius goal was adopted for the first time by the United States, Russia, Japan and Canada, it had already been agreed in 1996 by the European Union and its G8 members Germany, Britain, France and Italy.

The G8 statement also failed to pinpoint a base year for the 80 percent reduction -- saying it should be "compared to 1990 or more recent years" -- meaning the target was open to interpretation. "The world will recognise that today in Italy we have laid the foundations for a Copenhagen deal that is ambitious, fair and effective," said British Prime Minister Gordon Brown.

German Chancellor Angela Merkel said the 2 Celsius (3.6 Fahrenheit) target, since pre-industrial times, was "clear progress" for the G8.

The G8 backed the creation of a global carbon trading market and a fund financed by rich nations to pay for technological change, but it fell short of the $100 billion (62.2 billion pounds) a year advocated by Brown and non-governmental groups.

"While agreeing to keep temperature rise to below 2 degrees rise Celsius, without a clear plan, money and targets on how to do this the G8 leaders will not have helped to break the deadlock in the UN climate negotiations," said Tobias Muenchmeyer, Greenpeace International political adviser.