Africa slashes economic demand to save climate-change agreement

12/17/2009 | EUObserver (Brussels)

In a seemingly dramatic move to increase the chances of reaching a climate-change agreement in Copenhagen, Africa substantially cut back its demand for monetary assistance to cope with emissions limits. Meles Zenawi, prime minister of Ethiopia and chairman of the African group at the summit, said Africa is ready to drop its argument that wealthier nations must provide hundreds of billions of dollars a year to poorer countries. In return, Africa wants a greater say in how assisting funds would be spent and a concrete assurance that help would be provided.

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