EU Keeps Pledge to Provide Fast-Start Funds to Poorer Countries, Ministers Say

BRUSSELS—The European Union has more or less kept to its pledge to provide €7.2 billion ($9.2 billion) in “fast-start” climate funding for poorer countries between 2010 and 2012, according to a communique published Nov. 13 by finance ministers from the bloc’s 27 member countries.

The ministers’ statement said that up to Nov. 5, EU countries provided €7.1 billion ($9.1 billion) to climate mitigation, adaptation, and forestry projects in developing countries. Details of the financing will be presented to delegates at the 18th Conference of the Parties (COP-18) to the U.N. Framework Convention on Climate Change, which will take place Nov. ...