"Climate Talks in Bangkok Hit Hurdle Over Financial Pledge"

"Climate negotiators in Bangkok made progress on several issues to set a framework for implementing the landmark 2015 Paris accord, but hit a stumbling block over details behind a plan for developed countries to spend $100 billion a year to finance projects in the developing world.

The extra round of negotiations in Bangkok from Sept. 4 to Sept. 9 was meant to deliver progress in preparation for a final round of talks in December in Katowice, Poland, said United Nations Climate Change Executive Secretary Patricia Espinosa in a briefing in Bangkok ahead of the meeting’s close.

“Only limited progress has been achieved here in Bangkok,” said Espinosa. “For Katowice to be successful, work needs to be sped up.”"

Natnicha Chuwiruch, Dan Murtaugh, and Mathew Carr report for Bloomberg September 10, 2018.

SEE ALSO:

"'Limited' Progress At Bangkok Climate Talks" (AP)

"Rich Nations Vowed Billions for Climate Change. Poor Countries Are Waiting." (New York Times)

"US Accused Of Blocking UN Climate Talks Amid Protests" (AFP)

"After Bangkok Climate Talks, A 'Mountain To Climb', Rights Groups Say" (Reuters)

"Global Protests Unroll As Key UN Climate Talks Stumble" (South China Morning Post)

"'Good Progress' At Bangkok Climate Talks On Draft Paris Accord Rules: U.N. Official" (Reuters)

Source: Bloomberg, 09/10/2018