Peru Climate Meet

The movers and shakers of the world economy are trying to close in on the magic number of $100 billion a year to fight climate change as they meet this week in Peru.

The US warned Saturday that failure to compromise could doom a planned global pact and wreck the credibility of climate talks, which remained gridlocked in Lima.

The United States urged developing countries Thursday to ease objections to a world deal on climate change as deadlines loomed at a 12-day UN meeting in Lima.

Rich countries had by Tuesday pledged more than $10 billion in climate aid for poor economies in a major milestone for UN global warming talks in Lima, according to a tally compiled by AFP.

The movers and shakers of the world economy are trying to close in on the magic number of $100 billion a year to fight climate change as they meet this week in Peru.

The US warned Saturday that failure to compromise could doom a planned global pact and wreck the credibility of climate talks, which remained gridlocked in Lima.

The United States urged developing countries Thursday to ease objections to a world deal on climate change as deadlines loomed at a 12-day UN meeting in Lima.

Rich countries had by Tuesday pledged more than $10 billion in climate aid for poor economies in a major milestone for UN global warming talks in Lima, according to a tally compiled by AFP.