UN seeks to speed up talks on climate financing

The British and Ethiopian prime ministers, Gordon Brown and Meles Zenawi, will head up a new UN advisory group responsible for making concrete proposals for raising up to $100m annually by 2020 to help poor countries tackle climate change.

The high-level panel, announced by the UN on Friday, will make final recommendations before the next climate summit in Mexico at the end of the year. Ethiopia and the UK support a global tax on financial transactions to provide funding for developing countries.

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