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

Filed To: Nature
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