Credit Suisse cites Hungary as one of the most vulnerable countries to deflation because its net foreign liabilities are 123% of GDP.
Number three, we must have financing that helps developing countries adapt, particularly the least developed and most vulnerable countries to climate change.
This means we need to see commitments towards real emission reductions that are binding and real financing for adaptation in the most vulnerable countries.
Heading the list of those most vulnerable are countries whose markets have been viewed for some time as badly behaved: Venezuela, Argentina and Ecuador.
The negotiations ahead of Copenhagen will deal with more than emissions, for example with considerations of how to help the countries most vulnerable to more temperature rises.
Citing the example of Hurricane Katrina, which hit New Orleans in 2005, he underlined that even the most developed countries are vulnerable to natural disasters exacerbated by climate change.
But, the declaration said, there were risks and challenges and that globalisation could marginalise countries and the most vulnerable groups.
But since the most vulnerable people are those in poor countries, they too have to be helped to adapt to rising seas and unpredictable storms.
In many of these countries the communities most vulnerable to local storms make a living from fishing in the coastal zone in small, relatively fragile craft.
We joined with our G20 partners to set aside over a trillion dollars for countries going through difficult times, recognizing that we have to provide assistance to those countries that are most vulnerable.
Too many countries are leaving behind their most vulnerable and disadvantaged populations.
We agreed to join an international effort to provide financing to help developing countries, particularly the poorest and most vulnerable, adapt to climate change.
WHITEHOUSE: President Obama at Copenhagen Climate Change Conference
Simply by having a broader range of countries, it should be less vulnerable than most to upsets in any one place: Shell's problems in Nigeria made only a small dent in its performance.
Those most offended by it are the smallest, weakest countries, which are vulnerable and emit very little.
The draft programme and budget being considered by the General Conference gives priority to sustainable development, the development of a culture of peace and non-violence with a special emphasis on gender equality, Africa, youth, Education for All (EFA), Least Developed Countries (LDCs), Small Islands Developing States (SIDS) and the most vulnerable segments of society.
During this session, expected to be presided over by Ms Katalin Bogyay (Hungary), the General Conference will decide on the proposed programme and budget for the 2012-2013 biennium, which gives priority to sustainable development, culture of peace and non-violence, with a special emphasis on gender equality, Africa, youth, Education for All (EFA), Least Developed Countries (LDCs), Small Islands Developing States (SIDS) and the most vulnerable segments of society.
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