Nov. 23 - U.N. talks limp towards global 2015 climate deal, as nations remain at odds over stepping up finance for developing countries to ease global warming impact. Gavino Garay reports.
Almost 200 countries kept hope alive in Warsaw, Poland on Saturday for a 2015 climate deal to fight global warming. They've been in fragmented U.N. climate talks for two weeks, but finally overcame stumbling blocks on greenhouse gas emissions cuts -- and aid for developing nations. EU Commissioner for Climate Action, Connie Hedegaard: EUROPEAN UNION COMMISSIONER FOR CLIMATE ACTION, CONNIE HEDEGAARD, SAYING: "If you had asked me 12 hours ago I would have been extremely concerned that we wouldn't achieve much, maybe even would backtrack. And then I think that all good forces came together in the end and we have had a good outcome." The talks set up a new Warsaw International Mechanism. It's designed to help the poor cope with the impact of climate change, like heatwaves, droughts, floods, desertification and rising sea levels. But rich nations, preoccupied with reviving their weak economies over climate change, refused to pledge new cash to the effort.