Leaders say momentum building on climate change

Associated Press Writer
November 28, 2009
via Breitbart.com

PORT-OF-SPAIN, Trinidad (AP) – Leaders of the Commonwealth countries called Saturday for a legally binding international agreement on climate change and a global fund with billions of dollars to help poor countries meet its mandates.

The 53-nation meeting was the largest gathering of international leaders before next month’s global climate summit in Copenhagen.

The leaders said a deal should be adopted no later than next year and the support money should be available simultaneously, providing up to $10 billion a year starting in 2012.

Aleast 10 percent of the fund should be dedicated to small island and low-lying coastal nations that are at risk of catastrophic changes from global warming, the group said.

“Climate change is the predominant global challenge,” the Commonwealth leaders said in a joint declaration. “For some of us, it is an existential threat.”

The document called for a “legally binding” agreement by the world’s nations.

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