Economics
The $100 Billion Key to a Global Deal at UN Climate Change Talks
- Developed countries pledged to deliver funding by 2020
- Climate negotiators are deadlocked on what to do after that
COP 21 and the Path to Controlling Climate Change
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A successful outcome to the United Nations global-warming talks under way in Paris rests on solving the money question: how will rich countries make good on a promise to deliver $100 billion a year of aid to poorer nations for climate-related projects?
The issue arose again on Wednesday when the U.S. proposed expanding the list of donor nations beyond the industrialized world.