Rich countries should pay €100bn a year by 2020 to cover the cost of climate change in developing countries, and the EU should contribute up to €15bn, says Stavros Dimas

Rich countries should be paying around €100bn (£88bn) a year by 2020 to cover the cost of climate change mitigation and adaptation in developing countries, according to the EU's environment commissioner.

The announcement is the first time that Brussels has identified the cost of tackling global warming in poor countries, an issue that is central to achieving a global[...]

[Published in GreenNews - Read the original article]