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EU 'resolute' on climate change EU 'resolute' on climate change
(10 minutes later)
EU leaders will maintain their targets and the timetable for tackling climate change, despite objections from some nations, the French president has said. EU leaders will maintain their targets and timetable for tackling climate change, despite objections from some nations, the French president has said.
Nicolas Sarkozy made the announcement at a summit in Brussels. At a summit in Brussels, Nicolas Sarkozy said "solutions" would be found for those that had expressed concerns.
Countries like Poland and Italy threatened to block a package agreed last year for deep EU-wide cuts in greenhouse gas emissions. Some countries have threatened to block a deal agreed last year for EU-wide cuts in greenhouse gas emissions, citing the economic slowtdown.
The text of a final statement could still be changed by leaders before the December deadline. The split over climate change contrasts with EU unity over the banking crisis.
Mr Sakozy, whose country holds the EU's rotating presidency, said: "The climate package is so important that we cannot simply drop it, under the pretext of a financial crisis."
European Commission chief Jose Manuel Barroso said "we are not going to let up on the battle against climate change."
All 27 EU states broadly support a bank rescue plan proposed for the bloc and the holding of a summit on world financial reform, Mr Sarkozy said.
Eurozone leaders have agreed on a comprehensive package designed to shore up banks, including making more than a 1,000bn euros ($1,366bn) available for interbank loans.
Mr Sarkozy said the EU wanted to launch "a new Bretton Woods summit" in November, referring to the 1944 meeting which led to the creation of the International Monetary Fund and other global institutions.
Other G8 industrialised nations have also signed up to the summit.