China led developing nations on Wednesday in demanding rich countries give details of a promised surge in aid to $100 billion a year by 2020 to help the poor cope with global warming.
But most rich nations, facing economic slowdown at home that cut overall development aid in 2011, said they were unable to stake out a timetable for rising aid at deadlocked global climate talks.China accounted for some 28% of the world's CO2 emissions in 2011 and may hit 30% by 2015.
"The core issue is finance," Xie Zhenhua, head of China's delegation, told a news conference of a main track of the November 26-December 7 talks among 200 nations in Doha, Qatar, that is a big block to a modest deal to keep U.N. climate efforts on track.
He said a deal on finance would "create very good conditions for the settlement of other issues" in Doha, which is also seeking a symbolic extension of the U.N.'s Kyoto Protocol for curbing greenhouse gas emissions by rich nations beyond 2012....MORE
Although the WWF prefers ABBA I like the O'Jays For the Love of Money: