Brazil Proposes Creation of Climate Fund for Poor Countries

    Brazil is encouraging China, South Africa and India to create a global warming fund that would help poor countries gain access to carbon capture technology,

     quotes a Reuters report. Brazilian Environment Minister Carlos Minc also said he has asked Canada, Australia and the U.S. to help other countries acquire tools for underground carbon storage.

    About the author

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      Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.