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Ban Calls for $30B in Climate Aid to Poor Nations

HeadlineNov 20, 2009

UN Secretary-General Ban Ki-moon is calling on rich nations to provide billions of dollars in funding for poor countries to address the effects of climate change. Ban said the funding should come as part of an agreement at next month’s climate summit in Copenhagen.

UN Secretary-General Ban Ki-moon: “Everything depends on adequate financing. In the short term, we look to the developed world to provide roughly $10 billion in fast track funding annually over the next three years. With this money, we can jump-start low emissions growth in developing countries, limit deforestation, and finance immediate adaptation measures.”

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