Negotiators from developing countries insist wealthy nations must help fund their move to sustainable development
by Jonathan Watts in Rio de Janeiro
Europe’s financial crisis should not be used as an excuse for inaction and underfunding of moves towards a more sustainable global economy, a senior Brazilian diplomat warned at the Rio+20 conference on Thursday as the UN talks suffered a disruption over money.
Negotiators from developing nations walked out of a core working group on the “green economy” because wealthy countries were refusing to include the transfer of money and technology that might achieve this goal.
For more on this story, visit: Rio+20 Earth summit: walkout at ‘green economy’ talks | Environment | guardian.co.uk.