COP-15 Copenhagen

Fast track funding : 10 billion USD per year

According to the UN’s top climate change official Yvo de Boer, developed countries will need to provide fast-track funding on the order of at least 10 billion USD a year through 2012 to enable developing countries to immediately plan and launch low emission growth and adaptation strategies and to build internal capacity. At the same time, developed countries will need to indicate how they intend to raise predictable and sustainable long-term financing and what their longer-term commitments (…)

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