Poland and Germany eye fund for climate deal: source

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BRUSSELS | Wed Dec 10, 2008 4:38pm EST

BRUSSELS (Reuters) - Poland and Germany are studying whether to propose at a summit on Thursday a 40-50 billion euro ($52-65 billion) EU fund from 2014 to help poorer European countries tackle climate change, a Polish negotiator said.

The proposal would be aimed at breaking deadlock over parts of a proposed package of European measures to counter global warming and would need the backing of all 27 EU states.

"Poland and Germany are considering an idea of creating a solidarity fund of 40-50 billion euros as part of the climate package," the Polish negotiator told Reuters, asking not to be named. The source said the fund would be part of the EU's next central budget rather than come out of funds won from auctioning pollution permits -- which Germany has long resisted.

(Reporting by Marcin Grajewski; editing by Mark John)

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