EU promises aid of $3.6bln for climate fight

2009-12-12 10:03 BJT

Special Report: UN climate change conference in Copenhagen |

EU nations will commit donations worth more than ten billion US dollars per year to help developing countries combat global warming. The leaders of Britain and France made the announcement on Friday at an EU summit in Brussels.

The financial aid will go towards a global 3.6 billion US dollar annual fund over three years. Most of it will come from Britain, France and Germany.

British Prime Minister Gordon Brown said, "We have already agreed that money in the order of 10 billion dollars is to be found over the next three years. We are able to finance that from the money that we're announcing today and I believe that the rest of the union will come on board. This is the joint enterprise of France, Britain and many others to make possible and that's a climate change agreement."

French President Nicolas Sarkozy (L) and Slovenian Prime Minister Borut Pahor make phone calls during the second-day meeting of the EU summit at EU headquarters in Brussels, capital of Belgium, on Dec. 11, 2009.(Xinhua/Wu Wei)
French President Nicolas Sarkozy (L) and Slovenian Prime Minister Borut 
Pahor make phone calls during the second-day meeting of the EU summit at 
EU headquarters in Brussels, capital of Belgium, on Dec. 11, 2009.
(Xinhua/Wu Wei)