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Poor Nations Need US$130 Bln a Year On Climate - WWF

Rich nations will need to provide about US$130 billion a year by 2030 to help developing countries cope with climate change, or about five times current flows, the WWF conservation group said on Wednesday. A WWF study showed that there were 16 funds, run by UN agencies, the World Bank and others, channelling money to poor nations to help them curb rising greenhouse gases and adapt to effects of warming such as droughts, floods and rising seas.

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