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Hollande urges financial support for Climate Conference

French President Francois Hollande said on Monday that December’s International Climate Conference in Paris is doomed to fail without a firm financial commitment from the world’s wealthier nations. Hollande warned that there were real risks of stakeholders not reaching a global accord on climate change. Only 47 of the 195 countries participating in the meeting have so far submitted their national contributions to curbing greenhouse gas emissions.

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