Europe must pay €15bn in climate aid, says top climate official - by Ian Traynor
Rich countries should be paying around €100bn (£88bn) a year by 2020 to cover the cost of climate change mitigation and adaptation in developing countries, according to the EU's environment commissioner. The announcement is the first time that Brussels has identified the cost of tackling global warming in poor countries, an issue that is central to achieving a global deal at the UN climate talks in Copenhagen in December. Europe's top climate official, Stavros Dimas, said that the EU should contribute between €2bn and €15bn of the total. It is likely to be seen by many observers as an opening bargaining position.
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