Red flag to green fund
Durban, December 1: Arguments and stalemates are a passé at UN climate change conferences. UN’s 17th Conference of Parties on Climate Change (COP17), being hosted at Durban, South Africa saw its first impasse after three days of the negotiations, when a group of countries from disparate economic standing stopped the adoption of a report that could help set up the $100 billion a year fund to combat the effects of global warming in developing countries.