Africa: EU Climate Proposal 'Unrealistic'

21 September 2009

Cape Town — An EU proposal to scale up climate change mitigation and adaptation funding for developing countries places unrealistic spending demands on poor countries, an African climate negotiator has said.

The proposal, unveiled by the European Commission on 10 September, estimates that the cost of dealing with climate change in poor countries will reach € 100 billion (around US$146 billion) by 2020.

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