EU avoids decision on climate funds for poor nations
Associated Press, Brussels | Thu, 06/18/2009 10:37 PM
Denmark's prime minister says EU leaders will postpone until later this year a decision on how much money they will pledge to poor nations to help them combat climate change.
Lars Loekke Rasmussen said EU leaders would agree on terms at two-day talks starting Thursday for funding projects to reduce greenhouse gas emissions and to cope with a warming climate.
He said he was convinced a final decision on all aspects of financing - including an estimated euro 100 billion (US$139 billion) a year for developing countries - would come in a few months.
Denmark will host global climate change talks in December that will try to strike a deal for all regions to reduce emissions to try to curb global warming.
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