Update: Africa's requested multi-Trillion Climate Change Bail-Out

Update regarding Climate Change Bail-out::

Emperor Obama downplays Africa Climate Change Bailout request for Trillions from Developed Nations.

http://www.reuters.com/article/latestCrisis/idUSN18268975

White House plays down climate finance role at G20


Fri Sep 18, 2009 6:01pm EDT

WASHINGTON, Sept 18 (Reuters) - The contentious issue of industrial nations providing financial support for developing countries dealing with climate change was not expected to be a major focus of next week's G20 meeting, a top White House adviser said on Friday.
Michael Froman, a deputy national security adviser to President Barack Obama, said, however, leaders were expected to discuss the issue at the summit.
(Reporting by Jeff Mason; editing by Bill Trott)
 
However, Australian coverage refers to the bail out as a potential "deal-breaker"
 
http://news.theage.com.au/breaking-news-national/rudd-heads-off-for-un-g20-meetings-20090919-fvsk.html
 
Prime Minister Kevin Rudd has flown out of Canberra for the start of his week-long trip to the United States.
 
Mr Rudd will attend the UN General Assembly meeting in New York and the G20 conference in Pittsburgh.
In his meetings, Mr Rudd will discuss climate change and the global financial crisis with world leaders.
Climate change groups are looking for progress on financing arrangements to assist developing nations to make the changes necessary to reduce greenhouse gas emissions.
Described as "a deal breaker" it will require nations to come up with funds to ensure the global effort to fight climate change works.
They are also hoping any G20 agreement on measures to aid economic recovery will include "green recovery" initiatives aimed at locking in commitments on renewable energy use and reduced deforestation.
US President Barack Obama will host the G20 meeting, the third since the global financial crisis tipped much of the world a year ago into the worst economic collapse in 75 years.
Leaders will consider the impact of the emergency measures introduced at the London G20 meeting in April which included trillions of dollars of coordinated economic stimulus packages.