European Union ambassadors failed to resolve a dispute over the allocation of seats on the United Nations' Green Climate Fund (GCF) board on Friday, possibly undermining the bloc's credibility in i

European Union ambassadors failed to resolve a dispute over the allocation of seats on the United Nations' Green Climate Fund (GCF) board on Friday, possibly undermining the bloc's credibility in i

Natural disasters, such as Japan's earthquake and floods in Australia and Thailand, cost the global economy a record $370 billion in 2011, with losses for the insurance industry the second largest

European Union ambassadors were due to meet on Wednesday in an effort to settle a dispute over the allocation of seats to member states on the United Nations' Green Climate Fund (GCF) board, source