IT IS indeed disquieting that the World Bank will take away a little over eight per cent of funds pledged to the people of Bangladesh. According to a report published in New Age on Wednesday, the World Bank, as secretariat and administrator, has been allocated $8 million of the $98 million pledged to Bangladesh for addressing the adverse impacts of climate change.
Environmentalists and civil society activists from Asia-Pacific and African countries vulnerable to global warming Wednesday urged the industrialised nations to act urgently for greenhouse gas emission cut from 1990 levels by at 95 per cent within 2050.
Environment and Natural Resources Minister Patali Champika Ranawaka addressing the Asia-Pacific Network for Global Change South Asian Sub Regional Meeting in Colombo yesterday said Sri Lanka would propose three amendments to the Kyoto Protocol because the present Carbon Emission cut included in it was not enough to save humanity in future.
Rich countries should immediately mobilize billions of dollars in development aid to the poorest nations to win their trust in the run-up to global climate talks in Copenhagen, a draft EU report says.
OECD countries should also fulfill their existing commitments on overseas aid, which would more than double those aid flows to poor nations to around $280 billion annually by 2015, it added.
Not a single penny from 300-crore Taka Climate Change Fund allocated for 2008-09 fiscal either was released or spent due to indecision of the governments.
Indian negotiators have played down a proposal for major economies to consider setting a goal of halving greenhouse gas emissions by 2050, saying there were contentious ideas in the draft on the cuts needed.
The proposal is part of a draft document put forward by the United States and Mexico at talks in Mexico this week, without reaching an accord.
Lawmakers at a dialogue yesterday said an international research centre on climate change could be set up in the country to monitor and forecast the impacts of global climate change.
The utilisation of climate change funds should be monitored from time to time and the funds be released in the first quarter of the fiscal year (FY) instead of the third quarter, they said.
The Municipal Corporation of Delhi (MCD) will now work for climate change in the Capital.
MCD mayor Kanwar Sain today said that the corporation will have funds earmarked for mitigating the effects of climate change.
He made the announcement after attending the C-40 Large Cities Climate Summit held at Seoul in South Korea where he had gone to attend a conference on climate change.
This study sought to identify the initial impact that C&S might have on the USA, based on a set of limiting assumptions. In particular, it attempts to quantify the immediate impact
NEW DELHI: Hoping for an ambitious, comprehensive and ratifiable agreement at Copenhagen later this year to deal with the climate crisis, United Nations General Secretary Ban Ki-moon has said the negotiations will have to resolve three main political challenges
