Climate finance ‘make or break’ issue in Doha

Developing countries want a new climate finance commitment that would see industrialised nations double the amount they have paid over the past three years

Developing countries represented at the UNFCCC talks in Doha want a new mid-term commitment on climate finance that would see industrialised nations double the amount of cash they have paid over the past three years.

But industrialised nations suffering from economic crises at home have not yet made any promises on what many experts say could prove to be a make or break issue at the Doha meeting.

Campaigning group Oxfam believes developing countries could block the transition to the new track of negotiations aimed at reaching a global deal on emissions cuts unless they see progress towards the $100bn promised by rich nations.

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