U.N. seeks to streamline Third World energy scheme

A U.N. scheme to promote clean energy such as wind and solar power in the Third World is set to win a bigger budget at U.N. climate talks in Canada, but some experts said on Friday that planned reforms are half-hearted.

If successful, some estimates say the plan might funnel $100 billion in investments to the developing world and aid a shift from use of fossil fuels in power plants and factories whose emissions are widely blamed for stoking global warming.

Reuters