Poor Nations To Get Funds To Fight Climate Change

<EM>Associated Press - December 12, 2008 9:13 AM ET </EM>POZNAN, Poland (AP) - Delegates at a U.N. climate conference say they have agreed to unblock millions of dollars to help poor countries cope with...

Friday, December 12th 2008, 12:18 pm

By: News On 6


POZNAN, Poland (AP) - Delegates at a U.N. climate conference say they have agreed to unblock millions of dollars to help poor countries cope with the effects of climate change.

The agreement was 1 of the main achievements of negotiators who hope to agree on a new climate change treaty by next December.

Mozaharul Alam of Bangladesh says government ministers have recognized the legal right to operate a climate change fund that now has about $60 million.

Until now, the fund could not operate because its board had no right to sign contracts. Alam said Friday it could still take up to a year before money is distributed to poor nations.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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