"Leaked World Bank documents propose that rich countries should eliminate the $50bn a year they give in fossil fuel subsidies, in order to financially help poor countries address climate change.
The documents, due to be presented to the G20 finance ministers in November, also suggest that countries redirect "climate aid" money already pledged, towards the propping up ailing carbon markets.
"The U.S. would not consider a climate deal 'genuinely binding' if it excludes the biggest emerging economies or if those countries' commitments were conditional upon financial support from developed countries, the lead U.S. climate negotiator said Monday."
"More than 30 million people were displaced last year by environmental and weather-related disasters across Asia, experts have warned, and the problem is only likely to grow worse as climate change exacerbates such problems."
"More than 30 million people were displaced last year by environmental and weather-related disasters across Asia, experts have warned, and the problem is only likely to grow worse as climate change exacerbates such problems."
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