Talks have stalled  in Copenhagen today, after the G77 nations pulled out of the debate to "avoid a train wreck at the end of the week". Jeremy Hobbs, executive director of Oxfam International, who works with the G77 nations, said: "Australia and Japan are crying foul while blocking movement on legally binding emissions reductions for rich countries. This tit-for-tat approach is no way to deal with the climate crisis."
The conflict is over the difficult issue of mitigation, the financing of emission reductions, and green development in developing countries. Developed countries are stalling in putting a figure on the table.
World leaders  have started to roll in to Copenhagen today and the heightened tempo of the agreements is obvious outside the Bella Centre, where accredited negotiators, press and observers are facing four-hour queues to get in. The organisers of the summit have issued 35,000 passes for a centre with a maximum capacity of 15,000: not exactly a pillar of Danish efficiency.
As negotiations heat up, one of the main concerns among NGOs today focuses on the transparency of negotiations. Yesterday, a group of 48 country representatives met outside the conference. The meeting, known as the Green Room, was hosted by the COP presidency. Pablo Solón, Bolivian ambassador to the UN, said: "We are asking for a transparent, democratic, and inclusive process. It seems negotiators are living in the Matrix, while the real negotiation is taking place in the 'Green Room', in small stealth dinners with selective guests." There is a real sense of uncertainty among smaller nations. The threat of walkouts is constant and promises to provide continued drama during the week.
Yesterday, the Tuvalu  delegate Ian Fry made an emotional speech to the conference, outlining the powerlessness that smaller states are beginning to feel. He addressed the summit president, Connie Hedegaard: "I am a humble and insignificant member of the government of Tuvalu . . . I woke this morning and I was crying, and that's not easy for a grown man to admit. The fate of my country rests in your hands."
However, contrary to my earlier post , it's not all doom and gloom inside the centre. One of the most positive outcomes that this conference is set to achieve is in forest protection and reforestation, known as REDD. I talked to delegates from Gabon last night, who represent a country that is 80 per cent forested land and has the lowest rate of deforestation in the world. They were very positive about outcomes for a treaty to protect forests and forest communities.
Yesterday the REDD lobby succeeded in getting the signature of the governor of Amazonia and environmental economist Nicholas Stern as well as hundreds of others. Leaders are expected to use REDD to buy themselves time and carbon credit. But opposition to the movement comes from the Congo Basin and Papau New Guinea, which argue that developed nations will not commit to binding land-use regulation.