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Climate Summit May be Heading for a Showdown Over Financing

2015-12-04 00:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: The two-week long Paris summit, which is expected to adopt a landmark international treaty on climate change by mid-December, may be heading for a political showdown over one of the most controversial issues at the ongoing talks: financing. The 132-member Group of 77, the largest single coalition of developing nations, including China, has declared that nothing will be achieved at the summit without the necessary funding both for adaptation and to fight the negative fallout from climate change....

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