Obama says, U.S. is ready to meet its responsibility as largest economy

Copenhagen, Dec.18 (ANI): United States President Barack Obama on Friday said that his country was prepared to meet the responsibility of the largest economy and appealed to all members at the summit to act together and be accountable.

Obama gave a general call to live up to mutual obligation for the climate.

During his 5-minutes speech at the Heads of State meet over climate change in the Danish capital, Barack Obama said: "We are convinced the energy must be used efficiently. We all would be safer, if we act together and be accountable."

"We must live upto mutual obligations," he added.

Saying the U.S. intends to meet its share of responsibility as the largest economy, Obama said: "We intend to meet responsibility of the largest economy," and in that regard he said: "We (U.S.) have committed 10 billion dollars by 2012 as funds."

Obama said that the world must have a mechanism to see that everyone is doing enough and properly towards emission cuts. " But it should not be intrusive or infringing upon anyone's sovereignty."

The U.S. President agreed in his address that the developed countries should provide funds to the developing nations to enable them meet responsibilities related to mitigation of Greenhouse gases.

"We must give financial help for the developing nations, particularly the least developed countries," said Obama.

Obama, however, remarked on developing nations' rigidity in their position that asks the developed nations to support the developing economies by providing funds to enable them cut gas emissions: "The developing nations want aid with no accountability," he said. (ANI)