"Copenhagen Climate Treaty" An Incentive To Remain Poor and Under-developed

The “Copenhagen Climate Treaty” drafted by a group of environmental organizations singles out a particular set of countries:

Newly industrialized countries like Singapore, South Korea and Saudi Arabia should also take on binding targets in line with the Convention principle of common but differentiated responsibilities and respective capabilities. The criteria for designating newly industrialized countries should be negotiated in Copenhagen.

Consider that with what is expected from industrialized countries:

have a dual obligation under the Treaty, representing their overall responsibility for keeping the world within the limits of the global carbon budget and ensuring that adaptation to the impacts of climate change is possible for
the most vulnerable

The end result is that as far the the “Copenhagen Climate Treaty” is concerned, there is a clear disincentive for countries not only in being recognized as “industrialized”, but even in becoming “newly industrialized”.

After all, given that the request is that somebody forks out 160 gigadollars a year, it will just make perfect sense to steadfastly remain at the receiving end of that sum…poor and non-industrialized.

Is this a case of unwanted consequences? Or wanted…perhaps