WASHINGTON, Sept 1 (Reuters) - A draft paper written by the U.S. and Mexican governments urges G20 nations meeting this month to embrace significant aid to help developing countries cut carbon emissions with technology as part of a global fight against climate change. "We recommend that financial flows increase significantly in the near term beyond existing levels, with an expectation of continued and substantial growth in the future," said the draft report, which was obtained by Reuters on Tuesday. The draft, which could be revised before the G20 meeting in Pittsburgh, also discusses the advantages of having all but least developed countries contribute aid. But the paper does not make specific recommendations on how much financial assistance should be provided. Several teams of countries are putting forward draft proposals before the G20 in hopes of building consensus in the runup to the meeting of large economies. (Reporting by Richard Cowan)
Helpers react after dropping a table in front of exiled Tibetan spiritual leader, the Dalai Lama, during a mass prayer session for Typhoon Morakot victims in Kaohsiung, southern Taiwan, September 1, ...