"BEIJING -- China is worried the financial crisis is draining contributions to a multibillion-dollar global warming fund but hopes basic financing to help developing countries deal with climate change can be hammered out this month."
"Delegates at a U.N.-sponsored climate change conference that starts Nov. 28 in Durban, South Africa, are to consider ways to raise $100 billion a year for the Green Climate Fund.
Xie Zhenhua, vice chairman of the National Development and Reform Commission and China’s lead climate official, told a news conference in Beijing that some countries may not be able to pledge as much as originally planned but he hopes there will be progress in determining how the fund is allocated and managed in the long-term."
Alexa Olesen reports for the Associated Press November 22, 2011.
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