France announces 4 billion-euro boost in aid

French President François Hollande addresses the United Nations Sustainable Development Summit at the UN on September 27, 2015France said Sunday that it would ramp up foreign assistance, pumping in an extra four billion euros ($4.5 billion) per year starting in 2020. President Francois Hollande, announcing the aid boost at a United Nations summit on development, said the move would bring French aid to 12 billion euros annually. France has been seeking greater commitments by wealthy countries to nations hardest hit by rising temperatures and sea levels as part of year-end negotiations in Paris aimed at a new agreement on climate change.

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France announces 4 billion-euro boost in aid

French President François Hollande addresses the United Nations Sustainable Development Summit at the UN on September 27, 2015France said Sunday that it would ramp up foreign assistance, pumping in an extra four billion euros ($4.5 billion) per year starting in 2020. President Francois Hollande, announcing the aid boost at a United Nations summit on development, said the move would bring French aid to 12 billion euros annually. France has been seeking greater commitments by wealthy countries to nations hardest hit by rising temperatures and sea levels as part of year-end negotiations in Paris aimed at a new agreement on climate change.

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