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Financing Crucial To Next Climate Change Pact - UN

Financing Crucial To Next Climate Change Pact - UN US: April 14, 2008 WASHINGTON - The global fight against climate change after the Kyoto pact expires will fail unless rich countries can come up with creative ways to finance clean development by poorer nations, a UN official said on Saturday. "We are not going to see that major developing country engagement unless significant financial resources and technology flows begin to be mobilized," Yvo de Boer, executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC), said in a media briefing.