G20 leaders fail to agree climate change financing

Sun, Nov 8 2009 17:00 IST | 204 Views | Add your comment
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London, Nov 8

India's Finance Minister Pranab Mukherjee and his counterparts from other G20 countries have agreed to maintain financial stimulus packages aimed at bailing out distressed economies but failed to agree to a financial package to help developing countries fight climate change.

Although economic and financial conditions had improved, “the recovery is uneven and remains dependent on policy support, and high unemployment is a major concern,” the finance chiefs from the world's economic powerhouses said in their communiqu

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