masabahouse (masabahouse) wrote,
masabahouse
masabahouse

UK, Ethiopia to head climate funding effort



LONDON (Reuters) - Britain and Ethiopia will head a new United Nations panel that aims to secure $100 billion every year by 2020 to help developing nations cut emissions and adapt to climate change, U.N. Secretary-General Ban Ki-moon said on Friday.

He told a news conference the group would work with governments, central bankers and finance experts to find ways to cooperate with public and private companies in raising money pledged at climate talks in Copenhagen in December.

For more read: http://af.reuters.com/article/topNews/idAFJOE61B0G420100212
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