http://www.bloomberg.com/news/2011-04-28/russia-says-it-won-t-be-forced-to-fund-poor-nation-climate-aid.html
Russia said it won’t be forced by the United Nations to contribute to about $30 billion being raised through 2012 to finance climate-change-adaptation projects in poor nations.
“Volumes and forms of its contribution into financing climate actions will be defined by the Russian Federation,” Alexander Frolov, an environmental official in the Russian government, said in a letter dated yesterday to the UN Framework Convention on Climate Change in Bonn.
Developed nations are required to pay the funding, not Russia, which is “undergoing the process of transition to a market economy,” Frolov said in the letter to Christiana Figueres, executive secretary of the UNFCCC. UN climate talks in Cancun, Mexico, in December noted the funding commitment of developed counties.