By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian President Dilma Rousseff has used her speech at the opening ceremony of the Rio+20 Earth Summit – the UN Conference on Sustainable Development – to call on developed nations to contribute more funds to finance sustainable development. Current pledges have not yet reached the levels deemed necessary for the work required in funding change and helping developing nations to reach their own targets. Brazilian President Dilma Rousseff at the opening ceremony of the UN Rio+20 High-Level Summit, photo by Fabio Rodrigues Pozzebom/ABr. As she was sworn in as the official President of Rio+20, Rousseff reminded the developed world that it had shirked many of its responsibilities on sustainability, and that developing countries would need help alongside their own obligations. Reference was also made to the fact that targets for reducing greenhouse gases under the Kyoto Protocol had not been met, and that many other promises made at the original Rio Earth Summit in 1992 remain on the drawing board. “We have the responsibility to history and to our people to make Rio+20 a moment to make commitments for the future we want,” President Rousseff said, warning that the current state of the global economy meant that governments would likely shy away from making ambitious and binding agreements, but that they “cannot let that happen.” Brazil’s official Rio+20 negotiators have worked tirelessly over the past few days to reach a more unified position on the Outcome Document that will be signed at the end of the summit on Friday. Along with vows to eradicate poverty, better preserve our oceans, and to use innovative technology to boost green economies in order to improve sustainable development around the world, diplomats at Rio+20 also want to recognize economies in a more complete way, as they say GDP figures are now insufficient to measure a country’s wealth, and do not take sustainability into account. Read more (in Portuguese). * The Rio Times Daily Updates feature is offered to help keep you up-to-date with major news as it happens. 4 Responses to "Rousseff Urges More Rio+20 Funds: Daily" Armando Rozario June 21, 2012 at 10:32 AM Neither Dilma Rousseff nor Mr. Moon mentioned the 2010 UN report which denounced that Brazil had lost 25% of its biodiversity during the 18 year period 1990-2008. I will post the pdf/ URL of this UN document and the translation and link of an article which was published in a daily newspaper. Would the flora and fauna of Brazil be able to last till Rio + 80 ?! Stuart JAGO June 21, 2012 at 12:11 PM I think it a great disappointment that, both, Brithsh and American news networks are giving the conference, little or no coverage… Vini June 22, 2012 at 4:07 AM Too bad she hasnt done what she is supposed to. We are drowning in corruption heading to a World Cup full of money laundry especulations, the 5th world economy and people cry after Globo showed Xuxa on Fantastico saying she was sexually abused when she was younger… Next? The brazilian team should be flawless.. If not?? We are all gonna kill ourselves… Pingback: Many See Goals Undefined as Rio+20 Ends: Daily Update | The Rio Times | Brazil News Leave a Reply Cancel Reply Your email address will not be published.