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Will a new climate fund unlock a global deal?

2014-06-12 01:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: As UN climate talks continue in Bonn, money is emerging as a critical element in getting the world to agree on a new deal by the end of next year. It must have seemed like a really neat development idea back in the mid-1990s. The Philippines government had no way of disposing of medical waste in their hospitals. And the 26 incinerators from Austria seemed like good value, especially as the Bank of Austria and the Austrian government were offering finance upfront in the form of a development...

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