Tuesday, December 15, 2009

Japan to unveil 10 billion dollars in climate aid

A pledge of funds from rich countries will be a key ingredient for any climate change deal in Copenhagen. Japan is ready to make an offer in Copenhagen.
When Japanese Prime Minister Yukio Hatoyama lands in Copenhagen for the UN climate summit, he will bring along an offer of 10 billion US dollars to help developing countries fight global warming, the Tokyo Shimbun daily reports, according to Reuters.
The pledge of 10 billion dollars over three years, including steps to protect biodiversity, is more than previously announced. According to Reuters, Environment Minister Sakihito Ozawa last week declined to say how much Japan - the world's fifth largest emitter of greenhouse gases - would contribute, but said that the government wanted to pay more than a previously announced 9.2 billion dollars over three years.
Source:http://en.cop15.dk/news/view+news?newsid=2996

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