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Earth Summit +5 opens today

Leaders to review progress i! of ’92 Rio documents
f UNITED NATIONS. June 22: leaders and envoys from 173 countries converge on New York tomorrow to debate vanishing forests, dying species and declining fish stocks. But the "greenest" topic of ail at the UN Earth Summit will be the disappearing dollar, reports AP.
"Progress on finance is essential to making progress on all other issues.” said a top UN development official. Joke Waller-Hunter
US President Bill Clinton will join 60 other heads of state and government in the five-day relay of five-minute summit speeches.
Fresh from their Denver summit with Clinton, the leaders of Japan. Britain. Germany and France headline the first day's lineup, which leads off with a welcome from US Vice President Al Gore. Clinton speaks on Thursday.
"Earth Summit Plus 5” is to
review progress made since the historic Earth Summit in Rio doe Janeiro in 1992. when governments endorsed the goal of "sustainable development" — global economic growth linked to environmental protection.
The Rio summit took steps toward countering global warming, protecting endangered species and saving tropical forests. But some of its biggest battles were over financing.
Poorer nations wanted firm money commitments from the industrial Nortb to help develop their economies with "environment-friendly" technolo gies What they got instead was a promise from most — the United State opted out — to work toward increasing aid to 0.7 per cent of the North's gross national product.
But that figure has decfoied, not risen — from 0.35 pelttent in 1992 to 0.27 per cent in 1995.
\ The 59 billion dollar in total \aid in 1995 was not even half \he Rio target of 125 billion dollar The United States led the way. slashing its aid contribution to 7.4 billion dollar in 1995 from 9.9 billion dollars a year earlier.
Now, in closed-door negotiations over the final declaration Friday for this summit, Third World representatives are again trying to,pin the North down, proposing a deadline of 2002 for industrial nations to meet the 0.7 per cent level.
'There are enough resources in the world to help." said the chairman of the UN Third World bloc. Tanzanian Ambassador Daudi N. Mwakawago. What is lacking is the political Will ”
Speaking privately, US officials make clear such deadlines are unlikely to survive in the final documents, which must be
adopted by consensus. In addition. a key concrete proposal — for a global tax on airline fuel to help finance sustainable development — is opposed by the United States and Japan.