"Finance Key As U.N. Talks on Climate Deal Resume"

"The U.S., Japan and the EU will come under pressure this week to pledge billions of dollars a year from 2013 to help the world's poorest nations fight climate change, as negotiators from more than 190 countries meet to advance talks on a new global climate pact."

"Delegates will gather for a week-long U.N. meeting in Thailand on Thursday to agree a work plan towards signing in 2015 a new pact that would force all nations to cut emissions of heat-trapping gases starting in 2020.

The talks are expected to put pressure on traditional richer nations to ensure pledges to provide $10 billion per year in climate finance do not expire in December without new aid emerging, and come as the world's largest economies struggle to rein in their debt and budget deficits."

Andrew Allan and Stian Reklev report for Reuters August 29, 2012.

SEE ALSO:

"Green Climate Fund To Discuss $100Bn Pledged By Rich Countries" (Guardian)

"Bangkok Talks Face Climate Funding Stand-Off" (Business Green)

Wednesday, August 29, 2012