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| Version 2 | Version 3 |
|---|---|
| EU strikes climate funding deal | EU strikes climate funding deal |
| (10 minutes later) | |
| The EU has agreed a conditional deal on how much it will pay to help other countries fight global warming, ahead of a key climate summit in December. | The EU has agreed a conditional deal on how much it will pay to help other countries fight global warming, ahead of a key climate summit in December. |
| The EU agreed climate change would need 100bn euros ($148bn; £90bn) a year by 2020, and would pay up to 50bn euros a year, conditional on other nations. | The EU agreed climate change would need 100bn euros ($148bn; £90bn) a year by 2020, and would pay up to 50bn euros a year, conditional on other nations. |
| UK PM Gordon Brown said the EU was leading the way with bold proposals. | UK PM Gordon Brown said the EU was leading the way with bold proposals. |
| Talks at the EU summit in Brussels had been deadlocked over how EU nations would share its costs. | Talks at the EU summit in Brussels had been deadlocked over how EU nations would share its costs. |
| A coalition of nine poorer EU nations had threatened to block a deal unless richer countries paid more. | A coalition of nine poorer EU nations had threatened to block a deal unless richer countries paid more. |
| ANALYSIS Oana Lungescu, BBC European affairs correspondent | |
| "We can look the others in the eye," said the president of the European Commission, "we Europeans have done our job." But to critics, that job may look only half-done. | |
| EU leaders have agreed that developing nations would need $150bn a year to tackle climate change and pledged they would pay their fair share. But they haven't said how much. | |
| And poorer EU nations like Poland will continue on a voluntary basis or according to their means. It's now up to the other big global players - the US , China and India - to decide if that's enough for them to put an offer on the table and avoid failure in Copenhagen. | |
| No cost targets for individual EU nations were announced and the initial funding will be voluntary. | No cost targets for individual EU nations were announced and the initial funding will be voluntary. |
| Details of how the burden will be shared will be sorted out later by a working group. | Details of how the burden will be shared will be sorted out later by a working group. |
| Earlier EU leaders agreed a deal designed to secure the ratification of the Lisbon Treaty. | |
| 'New momentum' | 'New momentum' |
| Mr Brown said the EU climate discussions had been a success. | Mr Brown said the EU climate discussions had been a success. |
| "We were aware that if the European Union did not come together to solve some of the impasses, the possibility of a deal at the Copenhagen summit would be a lot less likely." | "We were aware that if the European Union did not come together to solve some of the impasses, the possibility of a deal at the Copenhagen summit would be a lot less likely." |
| He said: "The EU is leading the way with bold proposals - do not allow years to go by without action." | He said: "The EU is leading the way with bold proposals - do not allow years to go by without action." |
| Mr Brown also announced a "fast track" scheme to reduce carbon emissions. | Mr Brown also announced a "fast track" scheme to reduce carbon emissions. |
| This would come in soon after the Copenhagen summit and would cost 5bn to 7bn euros immediately, to come from all richer countries. | This would come in soon after the Copenhagen summit and would cost 5bn to 7bn euros immediately, to come from all richer countries. |
| He insisted that all these funding targets would be conditional on other richer countries making funding offers and on developing countries showing how they would spend the money. | He insisted that all these funding targets would be conditional on other richer countries making funding offers and on developing countries showing how they would spend the money. |
| European Commission President Jose Manuel Barroso said the agreement was "an important breakthrough that brings new momentum". | European Commission President Jose Manuel Barroso said the agreement was "an important breakthrough that brings new momentum". |
| Jose Manuel Barroso: 'We need to put our money where our mouth is' | |
| He said the EU nations had "agreed a negotiating mandate" for the Copenhagen climate talks. | He said the EU nations had "agreed a negotiating mandate" for the Copenhagen climate talks. |
| "Next week, we'll meet the US president and will say 'let's make Copenhagen a success'," Mr Barroso said. | |
| Earlier, the Czech Republic was granted an opt-out from the EU's Charter of Fundamental Rights, similar to that of the UK and Poland, paving the way for the full ratification of the Lisbon Treaty. | |
| The Czechs are the only one of the 27 EU nations not to have ratified the treaty, which aims to streamline decision-making and bolster the bloc's role on the world stage. | |
| French President Nicolas Sarkozy said on Friday that the Lisbon Treaty would "doubtless" come into force on 1 December. |