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EU nations get cold feet over climate change fund

Mon, 05/07/2012 - 11:25am
Reuters

BRUSSELS (Reuters) - EU nations have yet to come up with a plan on how to fill a multi-billion euro fund to help tackle climate change, even as the region's executive body hosts talks with countries likely to bear the brunt of extreme weather.

The European Union recommitted to providing 7.2 billion euros ($9.4 billion) for the fund over 2010-12, according to draft conclusions seen by Reuters ahead of a meeting of EU finance ministers next week.

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