Clinton: US Will Contribute to $100B Climate Fund
Offer intended to give deadlocked Copenhagen talks a boost
By Rob Quinn,  Newser Staff
Posted Dec 17, 2009 5:50 AM CST
Hillary Clinton arrives for a press briefing at the climate summit in Copenhagen today.   (AP Photo/Anja Niedringhaus)
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(Newser) – The US is ready to pay its share of a $100 billion-a-year fund to help poor countries deal with the effects of climate change, Hillary Clinton told the Copenhagen conference today. Clinton—making an 11th-hour offer in hopes of moving the deadlocked talks forward—stressed that the offer depends on major economies reaching a wider deal on combating climate change, AP reports.

With just two days to go, the talks have stalled over disputes between rich and poor countries, the BBC reports. Officials say a comprehensive deal will likely have to wait until a conference in Mexico next year. "The president is planning to come tomorrow," Clinton said when asked about rumors that Obama might end up skipping the conference. "Obviously we hope there will be something to come for."