EU leaders ended a summit in Brussels having agreed to pay 7.2bn euros ( $10.6bn) over three years to help poorer nations cope with climate change. The EU pledge is part of a global “fast start” package being debated at the UN Copenhagen summit.
Developing countries and aid agencies have derided the latest pledges to tackle global warming.
The leaders of poorer nations described the sum as ‘inadequate’.
Bruno Tseliso Sekoli, chairman of the Least Developed Countries (LDC) bloc, told the BBC that the EU pledge “cannot be enough for the purpose of meeting the requirements of the LDCs”.
Dessima Williams, chairwoman of the Alliance of Small Island States (Aosis), said
“We just had a (Commonwealth) meeting in Trinidad where the figure of $10bn per year was put on the table and that was woefully inadequate,” she said. Source: BBC