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Thursday, November 05, 2009

Ban Ki-moon: $100 Billion Not Enough for Global Warming


Money paid by rich countries to fight global warming will have to "be scaled up" from the $100bn a year on offer, the UN secretary general Ban Ki-moon said today.

Finance is the key, said Ban, to successful negotations on a global treaty to fight climate change, due to conclude at UN talks next month in Copenhagen.'

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