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UN Beats $30 Billion Goal to Fund Climate Aid in Poorer Nations

Japan and Norway topped a list of industrialized nations that beat a $30 billion funding goal for climate-protection projects in poorer countries, Climate Analytics said as it urged better coordination in future rounds.

Developed nations paid out $35.9 billion of public funds and $3 billion of private finance in the three years through 2012, the Berlin-based researcher said in a report. Japan’s $17.6 billion of aid and Norway’s $2.1 billion far exceeded their “fair share” of the United Nations target, it said.