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Paris climate meet: Focus on finance, clean tech

France on Thurday said addressing the issues of finance and transfer of clean technology to developing nations is the key to success of the climate summit in Paris later this year, when nations will sign a new deal to limit global warming to below 2 degrees Celsius.

France is the host country of this year’s UN Climate Change Conference. After holding discussions with Environment Minister Prakash Javadekar, visiting French Foreign Minister Laurent Fabius also said arriving at a consensus by 195 countries on the climate deal “is a very important and difficult matter.”  

“If we want and we want to have success the question on finance and the question of technology must be dealt with,” Fabius, who is the President of the twenty-first session of the Conference of the Parties (CoP 21), said responding to a query on the concerns raised by the developing nations.

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