Big shots: (l-r) Canadian Prime Minister Justin Trudeau, Gates, US President Barack Obama, French President Francois Hollande and Indian Prime Minister Narendra Modi at the the Paris climate summit
WASHINGTON: Heads of state and big-name billionaires opened the Paris climate summit with a bang on Nov 30, promising billions of dollars to develop new green technology to solve a key sticking point of the negotiations: financing a low-carbon future for developing nations like India.
Yet campaigners and experts warned that it will be hard to deploy any new technologies quickly in places where they are needed most unless negotiators at the two-week UN talks can work out a deal on how rich countries will help finance this.
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