Climate aid for poor states

10 Dec, 2004

Opec nations and Saudi Arabia in particular are standing in the way of getting financial help to developing countries to cope with global warming, the World Wide Fund for Nature (WWF) said on Thursday. WWF, a leading environmental group, said that Opec was blocking potential aid to developing nations until their own demands for compensation for losses in oil export revenues, caused by any cuts in the use of fossil fuels, were met.
WWF made its warning on the sidelines of the 12-day UN conference on climate change in Buenos Aires. The UN hopes for an aid deal to help poor countries cope with global warming, from curbing flooding to new farming methods for drought-stricken areas.

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