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Clashes over financing threat UN climate talks

Wednesday - 12/5/2012, 4:14pm  ET

U.N. Secretary-General Ban Ki-moon speaks to a journalist during an exclusive interview with the Associated Press, in Doha, Qatar,Wednesday, Dec. 5, 2012. Ban has hinted that he would not favor an asylum deal for Syrian President Bashir Assad as a way to end the country's civil war. (AP Photo/Osama Faisal)

MICHAEL CASEY
Associated Press

DOHA, Qatar (AP) -- The world's poorest nations on Wednesday called for significant financing to cope with the impacts of global warming, setting up a potential clash with rich countries that could slow progress on reaching a global climate pact by 2015.

Rich countries, including the United States, said at U.N. climate talks in Doha that they have fulfilled promises to provide more than $30 billion the past three years and remain committed to providing $100 billion a year by 2020. But developing nations want that financing increased gradually starting next year -- a commitment the European Union, United States and Japan are not willing to make.

"Obviously developing countries think it should be an upward curve," Brazil's chief negotiator Andre Correa do Lago told reporters. "The best solution would be a straightforward commitment to an increase every year of resources until 2020."

Pa Ousman Jarju, chairman of the 48-member Least Developed Countries at the talks, said it was too early to say the disputes over financing could spill over to other areas of negotiations, including the extension of the Kyoto Protocol, which will expire this year, and a work plan to prepare for the 2015 deal.

Among the financing demands from developing countries is a financial roadmap through 2020 as well as the mechanism --whether it be a financial tax or a transport tax -- to generate the necessary funds.

"We would we want to see finance on the table as we leave here," Jarju said. "It's not a negotiating tactic. It's part of package that we expect in Doha. ... They understand implications of us not having a finance package. I will not call it a failure as of now because all our delegations are engaged."

The European Union's Peter Betts, sitting on the same panel as Jarju, was unmoved. He said EU member states would make their own pledges -- the United Kingdom on Tuesday offered
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