Monday, August 24, 2009

Africa wants $67 bln a year in global warming funds
Mon Aug 24, 2009

By Tsegaye Tadesse

ADDIS ABABA, Aug 24 (Reuters) - African leaders will ask rich nations for $67 billion per year to mitigate the impact of global warming on the world's poorest continent, according to a draft resolution seen by Reuters on Monday.

Ten leaders are holding talks at African Union (AU) headquarters in the Ethiopian capital to try to agree a common stance ahead of a U.N. summit on climate change in Copenhagen in December.

Experts say Africa contributes little to the pollution blamed for warming, but is likely to be hit hardest by the droughts, floods, heatwaves and rising sea levels forecast if climate change is not checked.

The draft resolution, which must still be approved by the 10 leaders, called for rich countries to pay $67 billion annually to counter the impact of global warming in Africa.

It said there had been serious limitations on Africa's ability to negotiate in the past because of a lack of a coherent stance on global warming by African governments.

"The negotiating team need to be backed with the political weight at the highest level in the continent to ensure that the African voice on climate change negotiations is taken with the seriousness it deserves", the document said.

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