Monday, May 7, 2012

EU nations get cold feet over climate change fund

Reuters: EU nations have yet to come up with a plan on how to fill a multi-billion euro fund to help tackle climate change, even as the region's executive body hosts talks with countries likely to bear the brunt of extreme weather. The European Union recommitted to providing 7.2 billion euros (5.8 billion pounds) for the fund over 2010-12, according to draft conclusions seen by Reuters ahead of a meeting of EU finance ministers next week. But after that, how much cash will flow is unclear as the text,...

URL: http://uk.reuters.com/article/2012/05/07/uk-eu-climate-idUKBRE8460U020120507

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