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Showing posts with label poor nations. Show all posts
Showing posts with label poor nations. Show all posts

Thursday, June 2, 2011

Poor nations urged to reform to win climate funds


* G20 get 90 percent of clean investments; others lose out

* UNDP urges poor to take steps to promote green investment

By Alister Doyle, Environment Correspondent

OSLO, June 2 (Reuters) - Many developing nations are missing out on a surge in investments in clean energy and need to cut red tape and agree new rules to attract funds to help fight climate change, a U.N. finance guidebook said on Thursday.