EU nations to commit 3 billion US dollars to climate fund

he leaders of Britain and France say EU leaders will commit more than 2 billion euro (3 billion US dollars) a year to help poorer parts of the world combat global warming.

The leaders of Britain and France say EU leaders will commit more than 2 billion euro(3 billion US dollars) a year to help poorer parts of the world combat global warming.

Britain's Gordon Brown and France's Nicolas Sarkozy said their two countries would contribute a big part of that sum and they are trying to get the full 27-member European Union to pitch in more at a summit in Brussels ending Friday.

EU leaders failed Thursday to come up with a firm figure for the fund.

The money is meant as short-term help for poor countries, particularly in Africa, to start cutting emissions and shoring up against the effects of global warming. The European money is a bid to bolster international climate talks in Copenhagen aiming at a longer-term pact.

Read on | EU nations to commit 3 billion US dollars to climate fund - COP15 United Nations Climate Change Conference Copenhagen 2009

Labels: Climate Change, Copenhagen

- posted by DD @ 12:45 p.m. Perma Link/Print  

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