There will not be a full climate deal this year, but officials are hopeful that nations can solidify voluntary agreements. A deadlock ensued as developing countries wanted the Kyoto Protocol to be extended until 2012, as Japan, Russia, and China argued for a wider deal. In addition, the United States has argued for a "legal symmetry," placing more in a new deal under which climate targets for China would have equal force to any commitments by the rich. China says its priority must be to grow its economy to end poverty. "In Durban [South Africa] it's almost impossible to see a legally binding agreement, if we take into consideration the positions of many countries including the United States and China," said Akira Yamada, head of Japan's delegation in Bonn, Germany. However, some negotiators said that stop-gap measures may be more effective if countries could agree to hardening voluntary agreements in Durban, such as by attaching a formal time schedule to them. Meanwhile, a U.N. finance guidebook released last week said that developing nations are missing out on opportunities to attract development and fight climate change because of red tape limiting clean energy investment. The guidebook estimated that, with simple steps to avoid limitations to develop, private-sector clean energy investment could rise to $450 billion by 2012 and to $600 billion by 2020. In addition, the head of the U.N. Industrial Development Organization said last week that the world should more than double the use of renewable energy by 2030, rising from the current 13% (which largely comprised of firewood) to 30%. The move would require significant backing from the private sector. For the full story on the lack of a climate deal, see http://www.reuters.com/article/2011/06/02/us-climate-idUSTRE7512RH20110602. For the story on the guidebook, seehttp://www.reuters.com/article/2011/06/02/us-climate-finance-idUSTRE75136320110602. For the story on rising to 30% renewable energy, see http://www.reuters.com/article/2011/06/02/us-energy-climate-idUSTRE7516UM20110602.