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The largest group of world leaders ever to stand together kicked off two weeks of high-stakes climate talks outside Paris on Monday, saying that striking an ambitious deal to curb global warming can show terrorists what countries can achieve when they are united.
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The U.N.-organized gathering of 151 heads of state and government comes at a somber time for France, two weeks after militants linked to the Islamic State group killed 130 people around Paris. Fears of more attacks prompted extra-high security and a crackdown on environmental protests.
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The conference is aimed at the most far-reaching deal ever to tackle global warming. The last major agreement, the 1997 Kyoto Protocol, required only rich countries to cut carbon dioxide emissions, and the U.S. never signed on. Since then, global temperatures and sea levels have continued to rise, and the Earth has seen an extraordinary run of extreme weather.
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More than 180 countries have already submitted individual national plans, but a climate deal is by no means guaranteed.
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Among several sticking points is money - how much rich countries should invest to help poor countries cope with climate change, how much should be invested in renewable energy, and how much traditional oil, gas and coal producers stand to lose if countries agree to forever reduce emissions.
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Reviving the rich-poor differences that caused earlier climate talks to fail, Chinese President Xi Jinping said an eventual global deal must include aid for poor countries and acknowledge differences between developing and established economies.
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Many of the leaders said the world must keep the average temperature within 1 degree Celsius (1.8 degrees Fahrenheit) of current levels - and if possible to half that, to spare island nations threatened by rising seas.
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The world has already warmed nearly 1 degree Celsius since the beginning of the industrial age, and factories and cars continue to belch pollution around the world.
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Many of the leaders framed the problem as a generational issue, where current leaders owe future generations a livable Earth.
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Leaders called their attendance in Paris an act of defiance after the Nov. 13 attacks, some of which occurred near the airfield north of the city where the conference is taking place.
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Many of the leaders paid their respects at sites linked to the attacks. Obama, in a late-night visit, placed a single flower outside the concert hall where dozens were killed, and bowed his head in silence.
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To that end, at least 19 governments and 28 leading world investors were announcing billions of dollars in investments to research and develop clean energy technology, with the goal of making it cheaper. Backers include Obama, Microsoft co-founder Bill Gates, Facebook founder Mark Zuckerberg, billionaires George Soros and Saudi Prince Alaweed bin Talal, and Jack Ma of China's Alibaba.
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Under the initiative, 19 countries pledge to double their spending on low- or no-carbon energy over the next five years. They currently spend about $10 billion a year, about half of that from the U.S.
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Gates said he and other investors, including the University of California, are pitching in $7 billion so far and hope to raise more this week.
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In another announcement, the United States, Canada and nine European countries pledged nearly $250 million to help the most vulnerable countries adapt to rising seas, droughts and other consequences of climate change. Germany pledged $53 million, the U.S. $51 million and Britain $45 million.
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The money will be made available to a fund for the least developed countries. Other countries that contributed include Denmark, Finland, France, Ireland, Italy, Sweden and Switzerland.