EU nations to commit 3 billion US dollars to climate fund

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

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.

Source: COP15

The liveeco team

More from Nikki Stear
Fashion Revolution research reveals shamefully low levels of transparency amongst global fashion brands
This week marks the third annual Fashion Revolution Week (18 April –...
Read More