ClimateWire: French President François Hollande announced yesterday that his government will increase climate change finance from EUR3 billion to EUR5 billion ($3.3 billion to $5.62 billion) annually by 2020, boosting chances of an accord in Paris in December but putting the United States in an awkward position.
Speaking before the opening of the U.N. General Assembly, Hollande declared that a successful agreement will depend on carbon emission cuts from all countries. But wealthy nations must come forward...