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A plan to overcome obstacles to an international agreement on climate change was today outlined by Nicholas Stern... The paper presents a new approach to setting strong but achievable targets for reductions in emissions of greenhouse gases, which take into account future economic growth in developing countries. Read more

Nicholas Stern... said: "This is a timely initiative by Gordon Brown to break the international deadlock over climate change, and he rightly identifies finance as the key stumbling block. Rich countries want to see commitments by developing countries to reduce greenhouse gas emissions and tackle climate change before offering financial support, but the developing countries want strong financial backing from the rich world before they make significant commitments." Read more

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