(UPDATED) DOHA, Qatar - UN climate talks in Doha have yet to produce a deal the day after their scheduled close, with negotiators locked in a stand-off about financing, a delegate told AFP on Saturday, December 8.
"We do not expect a deal for at least several more hours," said the official closely involved in the talks as a new day dawned on the summit that saw haggling continue throughout the night.
Negotiators in Doha must extend the greenhouse gas-curbing Kyoto Protocol as an interim measure to rein in climate change and smooth the way to a new, global pact due to take effect in 2020.
But the issue of funding to help poor countries deal with the fallout from global warming and convert to planet-friendlier energy sources has hamstrung the haggling by envoys from nearly 200 countries gathered in the Qatari capital.
Developed countries are being pressed to show how they intend to keep a promise to raise climate funding for poorer nations to $100 billion (76 billion euros) per year by 2020 -- up from a total of $30 billion in 2010-2012.
Developing countries say they need at least another $60 billion between now and 2015 -- starting with $20 billion from next year -- to deal with a climate change-induced rise in droughts, floods, rising sea levels and storms.
But the United States and European Union have refused to put concrete figures on the table for 2013-2020, citing the tough financial times.
There was also deadlock on a separate demand by least developed countries and those most at risk of sea level rise that provision be made for the losses they suffer because of climate change -- a phenomenon they blame on the West's polluting ways since the industrial era. - Agence France-Presse
China quoted the regime's veteran negotiator Kim Kye-Gwan as saying Pyongyang was willing to engage...