By Joshua Kyalimpa

COPENHAGEN (IPS/TerraViva) – Adequate long-term funding will be vital if a meaningful climate deal is to be clinched at the ongoing UN climate change talks.

Steve Kretzmann, executive director of Oil Change International says as much as $200 billion a year is needed to fund responses to climate change. He is concerned that with only two days to the close of the negotiations, developed countries have only committed to ten billion dollars in short-term financing over the next three years. Continue Reading