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The "disappointing" outcome of December's climate summit was largely down to "arrogance" on the part of rich countries, according to Lord Stern.

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Offers on the table ahead of the Copenhagen climate change talks are only "a few billion tonnes" short of the scale of annual CO2 emission cuts required to meet 2020 environment targets, Lord Stern said today.

He acknowledged there was a "significant way to go" but insisted: "It is possible to get there."

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