Funding Row ‘Threatens Paris Climate Deal’, India And China Warn
US Wants Developing Nations To Share Climate Finance Costs
By Guest Column Dr. Benny Peiser—— Bio and Archives--December 3, 2015
Global Warming-Energy-Environment | Comments | Back To Full Article
The Paris climate talks could fail because developed nations are trying to dodge their financial responsibilities to developing countries, China and India have claimed. Industrialised countries are currently obliged to provide billions of pounds of funding to developing countries to help them go green and adapt to the impacts of global warming. But a draft of the Paris agreement includes new wording, backed by the US and EU, suggesting funding should be provided not only by countries formally classed as “developed” but also by others “in a position to do so”.
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