Rich Nations Will Make $100 Billion Climate Goal, U.S. Says
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Developed nations are on track to raise $100 billion a year by 2020 to help poorer countries deal with global warming and fulfill a key demand of international climate talks, the U.S. envoy to the negotiations said today.
“It’s very much in the realm of the possible to reach the $100 billion target,” Todd Stern, the U.S. State Department official in charge of climate, told reporters in Washington. “We are certainly on the way.”