Eco-Business: The governments of Norway, Britain and the United States on Wednesday said they will allocate $280 million of their multi-billion dollar climate change finances to a new initiative aimed at halting deforestation.
The announcement was made at U.N. talks in Warsaw, where more than 9,000 delegates are meeting to hammer out the foundations of a new global treaty to combat climate change.
The money, part of the nations` previously announced climate finances, will be administered by the World Bank`s...