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Brussels - EU leaders say they have agreed to commit €2.4bn ($3.6bn) a year until 2012 to help poorer countries combat global warming.
French President Nicolas Sarkozy says the offer "puts Europe in a leadership role in Copenhagen."
All 27 members of the European Union agreed on the figure after two days of difficult talks at a summit in Brussels.
Sarkozy also said on Friday the leaders agreed to reduce their emissions by 30% of 1990 levels by 2020. In the past EU leaders have pledged a 20% cut with an option to cut to 30% if other parts of the world will make the same kind of contribution.
The climate money is meant to go towards a global $10bn annual fund for short-term help to poor countries.
- AP