UP Ibalon Bicol: $30 billion aid needed by poor countries to curb global warming

$30 billion aid needed by poor countries to curb global warming

12/07/2009 | Posted by mesiamd | Edit Post

Just as the Copenhagen international conference on climate change is about to start, United Nations climate chief Yvo de Boer said an emergency $30 billion funding is needed by poor countries to help them deal with the effects of climate change. The funding which will largely come from rich donor-countries is endorsed by the European Union is needed to curb carbon emissions that are thought to be some experts to the main cause of global warming.

“Scientists say carbon gas emissions must be reduced globally in the next decade by 25 to 40 percent from 1990 levels to control rising temperatures. The European Union has pledged 20 percent cuts, and more if other nations agree.

China has proposed reducing its emissions by 45 percent from 2005 levels, while India has offered a 20 to 25 percent cut.”---VOA, (12/06/09) (Photo Credit: magazine.ucla.edu.)

Small and poor countries decry the fact that they bear the brunt of pollution that they are not largely responsible of. The aggressive move of rich countries to advance industrialization cause many parts of the world to suffer from pollutants brought by the destruction of the environment =0=

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