Japan will offer $10 billion in aid over three years to 2012 to help developing countries fight global warming, including steps to protect biodiversity, a Japanese newspaper said on Tuesday.
Japan will offer $10 billion in aid over three years to 2012 to help developing countries fight global warming, including steps to protect biodiversity, a Japanese newspaper said on Tuesday.
Prime Minister Yukio Hatoyama will unveil the aid offer on December 18 when he attends a U.N. climate conference in Copenhagen, the Tokyo Shimbun daily reported.
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A pledge of funds from rich countries to help poorer ones fight global warming will be a key ingredient for any climate change deal in Copenhagen, where talks slowed on Monday due to a protest by African nations accusing rich countries of doing too little to cut greenhouse gas emissions.
The European Union has promised around $3.5 billion a year for three years as its contribution to a start-up fund that could eventually grow to $100 billion or more annually. The United States says it will do its fair share but has not yet promised anything beyond $1.2 billion for this year.
Photo shows Prime Minister Yukio Hatoyama.
Article continues: http://www.reuters.com/article/idUSTRE5BE0BS20091215
