$10 Billion for Climate Change Adaptation Assistance to Poor Nations a "Good Beginning": UN Top Climate Official
Yvo De Boer speaking at climate change talks in Bali, back in 2007. Photo: Oxfam International via flickr
Many of the world's poorer countries and those who'll feel the effects most keenly of climate change have been calling on the more wealthy nations to make greater financial pledges towards helping them adapt to global warming. Considering the historical circumstances that have got us into this predicament are directly tied to industrialization, not such a bad idea -- and now one which the UN's top climate official, Yvo De Boer, has quantified. De Boer is quoted by the BBC as saying that $10 billion is "good beginning":This money,
will allow developing countries to begin preparing national plans to limit their own emissions, and to adapt to climate change.
Considering that China, India, and South Africa said they could use about $200 billion a year to fight climate change -- and that would be a small percentage of the combined GDP of the world's rich nations -- the lower figure of $10 billion is indeed just a beginning.
Work Towards 25-40% Emissions Reductions by 2020
On the subject of emission reductions targets -- another area where there's a growing gap between what developing nations (and scientists) say is required and what wealthy nations seem politically willing to do -- Mr De Boer said that emissions reductions in the range of 25-40% by 2020 are something all nations should be working towards.
More: BBC News
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