Far from the hundreds of billions they’re asking for, $3 billion is nonetheless the most impressive pledge yet to aid developing countries in combating climate change. The announcement was made by British Prime Minister Gordon Brown that a 3-year ‘fast start’ fund will be launched next year with funds from European nations. France, for

instance, will contribute $620 million to get the fund off the ground. The move is hoped to advance negotiations in the already tense COP15 climate talks… Read the full story on TreeHugger

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EU Pledges $3 Billion a Year in Climate Aid to Poor Nations