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Article: United states : Climate change funding talks stall at G20.
- Article from:
- TendersInfo
- Article date:
- September 7, 2009
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Byline: Mamta03
Differences between rich and developing countries prevented G20 finance ministers from agreeing measures on Saturday to curb global warming, casting more doubt on U.N. efforts to agree a new climate treaty.
Industrialised nations had pressed to include climate change financing on the agenda of a meeting of G20 finance ministers but met resistance from emerging nations including China, who fear the proposals could stifle their economic growth, a G20 source said.
A draft statement from the meeting seen by Reuters omitted any reference to discussion of richer nations' plans to use both public and private sector financing to cut CO2 ...