Climate Talks Closer to Agreement on Plan with $100 Billion Aid

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Envoys at United Nations talks are near an agreement that would set up a fund channeling a portion of the $100 billion a year in pledged climate aid to developing nations, part of a package to keep a lid on global warming.

Delegates from more than 190 nations are scheduled to finish two weeks of talks today in Durban, South Africa, where they’ve also considered how to extend the Kyoto Protocol’s limits on fossil fuel emissions, which expire next year.