UN says poor nations need $130B for climate change

POZNAN, Poland (AP) -- The U.N. climate change organization has said the world's poor countries will need $130 billion dollars a year by 2030 to help them adapt to global warming and curb their carbon emissions.

The U.N. says rich countries need to increase their payments over the next 20 years to six times the funds available now, which is about $21 billion.

The figures were presented Thursday during a conference of 190 nations on a new climate treaty.

The environmental group WWF International says nearly all the money paid today by industrialized countries goes toward setting up clean energy projects in poor countries. It says less than $1 billion is earmarked to help them cope with the effects of climate change.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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