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Climate Talks Stalled Over Finance, Carbon Cuts

Delegates talk in small groups during U.N. Climate Change talks in Warsaw, Poland, Nov. 23, 2013.
Climate talks in Warsaw have carried over into an extra day, with little hope for an agreement between developed and developing countries at the U.N. Climate Change Conference.

After two weeks of negotiations, delegates from more than 190 countries still argued Saturday about apportioning targets for carbon emissions cuts between rich and poor nations, and about funding for climate-vulnerable countries.

Developing nations like China and India insist that richer countries adopt stricter targets than they do. Poor countries also want wealthy nations to ramp up their aid to help those countries deal with weather disasters they say are made worse by climate change.

An agreement needs to be reached within in two years before a deal can be signed in Paris, then enter into effect in 2020.