December 29th, 2009
Thursday, Dec. 17
Hillary breaks through the chatter
Amid the cacophony in Copenhagen, a bright spot.
U.S. Secretary of State Hillary Clinton spoke to a packed press conference, pledging that the U.S. would help raise $100 billion a year by 2020 in aid to developing nations to mitigate climate change effects.
Her words, despite the surrounding maelstrom of discontented protesters, developing nations worried about being marginalized and others who’ve declared the talks either stalled or in chaos, could help bring clarity as the historic summit lurches toward a close on Friday.
The pledge, which Clinton said would come from a mix of public and private money, including funds raised on the carbon market, speaks to both those negotiating on behalf of the other leading nations who want to see the U.S. put real money on the table , and to those in developing nations, many of whom doubt that the rich nations have the political will to put up a strong and well-funded fight against climate change.