UN Says Climate Change Requires Big Money
Yvo de Boer of the UN Climate Change Secretariat says that it will take an initial $10 billion a year from the most economically well-off countries for three years to help developing nations deal with the effects of climate change. "To my mind, rich countries must put at least $10 billion on the table in Copenhagen to kick-start immediate action," he said, according to Reuters. And this money would only finance the beginning: Boer says it will take hundreds of billions of dollars in ten to 20 years to deal with global warming.
--Aileen Torres
Comments
I wonder if the UN would manage this money as well as they managed Food for Oil? What a joke. Billions of dollars, the UN, and third world countries. Tell me that is not THE recipe for massive corruption.
Flag ThisIn the economic meltdown,how they can give such huge money.It is so surprising that he asked it straight way without any hesitation.I hope UN gets the money to overcome and reduce the climate change threat.
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