Home > Economy > Rich states accused of blocking UN climate talks over finance | AlertNet

Rich states accused of blocking UN climate talks over finance | AlertNet

LONDON (AlertNet) – African and least-developed countries have accused the United States and Japan of blocking progress on finance to help vulnerable states address climate change at U.N. talks in Panama this week, a tactic that threatens the outcome of the climate summit in Durban at the end of the year, they said.

The United States says long-term climate finance was addressed at last year’s summit in Cancun and there is no mandate to discuss it further, a position reiterated by Japan, according to a statement issued on Thursday by the African Group and Least-Developed Country Group at the negotiations. Other developed countries have also sought to stall progress, they added.

Read more here: Rich states accused of blocking UN climate talks over finance – AlertNet.

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