Developing Countries Need Billions of Dollars for climate solutions

JAKARTA - State-developing countries need at least 150 billion U.S. dollars per year to overcome the impact of climate change and to pursue target-based low-carbon development.

Based on press releases from the NGO Oxfam International that was received in Jakarta on Thursday, it must be the country forward in the history of the global increase in emissions under any obligation to fund adaptation efforts in developing countries.

Therefore, meeting political leaders of the world in Copenhagen in December 2009 must be achieved future kepakatan that the highest peak of the global carbon emissions must be stopped before 2015.

In addition, the developed countries before 2020 must show commitment to reduce their carbon emissions until at least 40 percent of 1990 emissions levels.

Whereas before 2050, all countries must also act to reduce global carbon emissions at least 80 percent below the 1990 emissions level.

Previously, the State Environment Minister Rachmat Witoelar to reporters on Friday (10 / 7) points out, the initiative for funding efforts for climate change was increasing following a growing awareness of the importance of the issue of climate change in the High Level Conference (KTT) G8 in L `Aquila, Italian.

"There are several initiatives for funding for climate change efforts, such as` green `fund the proposed Mexico and various other proposals to create a market for carbon emissions, in addition to increased funding from donor agencies and the budget of each country," said Rachmat Witoelar.

In addition, in the G8 forum also agreed that developing countries can still grow and gain access to funds and technologies for both mitigation of emissions and adaptation to climate change.

At the meeting, U.S. President Barack Obama to chair the discussion session concluded the importance of climate change are issues of funding and technology to developing countries and specific initiatives with the private sector fund such as green and efficient carbon market.

from : kompas.com