Climate fund for poor countries marks progress

The United States now also wants to pay into the climate fund from which developing countries are to access money for climate damage and green technologies. This demonstrates that the industrial countries can no longer gloss over the problems of climate change, writes the left-leaning daily Die Tageszeitung: "Despite crisis-battered budgets, the industrial countries have promised to spend hundreds of billions of euros and admitted that climate policy is now a core concern. ... In coming years we will see new organisations, new global agreements and cooperation. At the same time if things fail to run smoothly we will also see very new kinds of backhanded dealing and competition between regions. Because so much is riding on this: strategic resources for entire societies; trillions of euros per year and unfathomable profits and losses; the difference between investment and exploitation. Our lifestyles and the very outcomes of our elections are at stake. We will have to get used to summits gathering hundreds of heads of state and government together."

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