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Expert studies, by the World Bank and others, have estimated the long-term climate costs for poorer nations, from 2020 or so, would likely total hundreds of billions of dollars a year. China and other developing countries say the target should be in the range of $350 billion. More immediately, the conference has been discussing a short-term climate fund to help developing countries
-- a $10-billion-a-year, three-year program. European Union leaders last week committed to supplying $3.6 billion a year through 2012. On Wednesday, Japan, seeking to "contribute to the success" of Copenhagen, announced it would kick in $5 billion a year for three years. U.S. funding is hovering at only around $1 billion this year, and Clinton, when asked did not specify how much Washington would contribute to the "fast start" package. "We'll do our proportion of `fast start'," the secretary of state said. De Boer commented afterward, "I'm keenly looking forward to hearing what the U.S. contribution to that fund will be." German Chancellor Angela Merkel, meanwhile, said the U.S. must improve its offer of emission cuts and stressed the urgency of reaching a concrete climate agreement in Copenhagen. "I have to be honest, an offer by the United States to cut only 4 percent from 1990 levels is not ambitious enough," Merkel told lawmakers in Berlin before heading off to Copenhagen. "I believe this Copenhagen conference is the primary touchstone for whether we will succeed in setting a new path of global development, of sustainability." The EU has pledged a 20 percent emissions cut that could increase to a 30 percent cut if other developed nations also make far-reaching pledges. ___ Find behind-the-scenes information, blog posts and discussion about the Copenhagen climate conference at http://www.facebook.com/theclimatepool, a Facebook page run by AP and an array of international news agencies. Follow coverage and blogging of the event on Twitter at: http://www.twitter.com/AP-ClimatePool
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