After two days of intense negotiations and bargaining, EU leaders gathered in Brussels agreed on funding to help poor countries cope with climate change. Meanwhile, a UN working group at the Copenhagen conference produced the first official draft for a global climate deal.
EU leaders say they have agreed to commit 2.4 billion euro (3.6 billion US dollars) a year until 2012 to help poorer countries combat global warming. On Friday, EU leaders also agreed to reduce their emissions by 30 percent from 1990 levels. Read more .. as link above in all, so forget them .. will just underline the "Read more"s,to remind you .. sheez .. lol ..
The European Union's decision to fund 7.2 billion euro for tackling global warming over the next three years is “hugely encouraging” for the climate conference process, says the UN climate chief. Read more
A key working group under the UN Framework Convention on Climate Change (UNFCCC) came up with a six-page text Friday. The draft may form the core of a new global agreement to combat climate change beyond 2012, when the present framework, the Kyoto Protocol, expires. Read more
A new global climate change deal should take Russia's low greenhouse gas emissions in recent years into account, a Russian presidential adviser insisted Friday. Read more
In unusually blunt language, China’s Vice Foreign Minister He Yafei said on Friday that he was "shocked" by US climate envoy Todd Stern's comments earlier this week that China shouldn't expect any American public climate aid money, and that the US was not in any debt to the world for its historically high carbon emissions. Read more
IT'S A DOG EAT DOG WORLD, FOR SURE .. no change there .. :)
Chief negotiator for 130 developing countries believes that the UN climate change conference "will probably be wrecked by the bad intentions of some people".Read more
Market Data 
Markets 
AI
