Sweden says it will give 800 million euro (1.2 billion U.S. dollars) to help developing nations fight climate change.
Prime Minister Fredrik Reinfeldt, will announce Sweden's donation to a European Union program for a so-called "fast-start financing fund today.
Sweden who currently hold the rotating EU presidency, will push during an EU summit in Brussels due to end Friday, for clarity on the amount of finance that member countries are prepared to provide towards climate adaption in vulnerable countries, over the next 3years. It is hoped that a decision, which will remain secret until high level negotiations begin in Copenhagen next week, will add momentum to the so far volatile COP15 summit.
Sweden's pledge of 800 million Euros compliments the 160 million Euros already pledged by Denmark, as the UN call for international funding of 7 billion Euros a year between 2010 and 2012.
A Swedish government spokesperson told reporters that not all member nations would be contributing as some face serious financial difficulties.
According to the Danish daily Politiken, Mikolaj Dowgielewicz, Poland's minister for European affairs has insisted that the target "can not be raised without a study on the economic consequences".
The summit in Brussels will also discuss whether the EU should raise it emission targets from 20% by 2020, to 30% by 2020.