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Rich nations miss U.N. climate finance deadline

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  • Donors late in announcing "fast-start" payments to U.N.

  • Past May 1 deadline set by U.N. Secretariat

  • Russia, Ukraine say not bound to take part

By Alister Doyle, Environment Correspondent

OSLO, May 6 (Reuters) - Rich countries have missed a U.N. deadline for outlining aid to help developing nations combat climate change.

Among industrialised nations, only Russia and Ukraine sent letters to the United Nations by the May 1 deadline -- only to say they did not feel obliged to contribute under a deal to provide almost $30 billion in initial "fast-start" climate funds from 2010-12.

Read the full article on AlertNet.

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