Rio+20 Earth Summit: Walkout at 'Green Economy' Talks

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By The Guardian | 15 June 2012 | 149

Europe's financial crisis should not be used as an excuse for inaction and underfunding of moves towards a more sustainable global economy, a senior Brazilian diplomat warned at the Rio+20 conference on Thursday as the UN talks suffered a disruption over money. Negotiators from developing nations walked out of a core working group on the "green economy" because wealthy countries were refusing to include the transfer of money and technology that might achieve this goal.