Tags: eu | eu | summit

EU Nations to Commit $3 Billion to Climate Fund

Friday, 11 Dec 2009 05:06 AM

BRUSSELS -- The leaders of Britain and France say EU leaders will commit more than euro2 billion ($3 billion) a year to help poorer parts of the world combat global warming.

Britain's Gordon Brown and France's Nicolas Sarkozy said their two countries would contribute a big part of that sum and they are trying to get the full 27-member European Union to pitch in more at a summit in Brussels ending Friday.

EU leaders failed Thursday to come up with a firm figure for the fund.

The money is meant as short-term help for poor countries, particularly in Africa, to start cutting emissions and shoring up against the effects of global warming. The European money is a bid to bolster international climate talks in Copenhagen aiming at a longer-term pact.

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