A climate of honesty, transparency, participation and solidarity must be created, bearing in mind that all the people involved might be in an altered emotional state.
The opening of China's financial sector, a condition of the country's entry into the World Trade Organization, has sparked fierce competition even though operating a bank in China carries notable risks, such as an uncertain regulatory climate, a lack of transparency and volatile real estate and stock markets.
A climate of "openness and transparency" is essential, he said.
In fact, fostering a climate of openness and transparency is the first step to correcting the kinds of injustices that do exist.
We can all see the way forward that has emerged from months of negotiations: decisive national action, an operational accord that internationalizes those commitments, assistance for nations that are the most vulnerable and least prepared to meet the effects of climate change, and standards of transparency that provide credibility to the entire process.
This requires methodologies for Monitoring, Reporting and Verification (MRV) of emissions that follow the United Nations Framework Convention on Climate Change (UNFCCC) principles of transparency, consistency, comparability, completeness, and accuracy [2].
This requires methodologies for Monitoring, Reporting and Verification (MRV) of emissions that follow the United Nations Framework Convention on Climate Change (UNFCCC) principles of transparency, consistency, comparability, completeness, and accuracy [ 2].
Alvaro Umaña, co-chair of Climate Transparency and a former Costa Rican environment minister, said: "The G20 has proven that it can be nimble and take action on economic issues, so we are looking to these countries to do the same for the climate".
He also cites a poor history of transparency in climate science, though others argue many climate records and the tools to analyse them have been public for years.
Those who have been the target of attacks from climate sceptics for years argue sceptics' arguments, funding and motivation should be subjected to the same level of transparency that the climate scientists at the heart of the email hacking row are now receiving.
"BP, Shell and Statoil shareholder resolutions are setting a new global standard for climate risk transparency" says Kieran Quinn, chair of the Local Authority Pension Fund Forum (LAPFF), a group of 64 U.K. public pension funds with combined assets of £160bn ($251.6bn).
