EUR: Potential breakthrough at Copenhagen summit

AAP General News (Australia)
12-17-2009
EUR: Potential breakthrough at Copenhagen summit

There's been a potential breakthrough at the troubled Copenhagen climate summit ..

with a solution put forward on one of the biggest problems .. money.

A key principle behind the summit is that rich countries must pay poor ones to tackle
climate change .. and in response .. poor countries will agree to limit their greenhouse
gas emissions.

Until now .. rich and poor countries have furiously disagreed on the amount of money.

In a significant development .. African countries have agreed with the figures put
forward by some rich countries.

Speaking on behalf of the African Group .. Ethiopian prime minister MELES ZENAWI says
11-billion dollars should be provided each year .. rising to 55-billion by 2015 and 110-billion
by 2020.

The European Union has already supported Ethiopia's proposal.

The plan might have been discussed during earlier talks between prime minister KEVIN
RUDD and Mr ZENAWI in Copenhagen.

ACTU president SHARAN BURROW has praised the proposal .. and has called on Australia
to get behind it and put some money on the table.

AAP RTV ca/ash/jfm/ajw/

KEYWORD: SUMMIT MONEY AUST (COPENHAGEN)

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