WKYT | Lexington, Kentucky | News

Rich vs. poor clash at UN climate summit over money

COPENHAGEN (AP) - Negotiators at the U.N. climate conference in Copenhagen are working to bridge a deep divide between rich and poor countries over how to share the burden of fighting climate change.

Diplomats from developing countries and climate activists have complained that the conference's Danish hosts pre-empted the negotiations by presenting a draft proposal, which would allow rich countries to cut fewer emissions while poorer nations would face tougher limits on greenhouse gases and more conditions on getting funds.

Some of the poorest nations are seeking billions of dollars in aid to deal with climate change. The head of the 135-nation bloc of developing countries says the $10 billion a year that has been proposed is a minuscule amount in comparison to the more than $1 trillion spent to rescue financial institutions.

Environmental Protection Agency chief Lisa Jackson speaks at the conference later today.

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