India should take global climate change lead: British expert: "Stern said India should make the following four demands upon rich industrialized countries:-
- strong performance toward meeting their targets for 2020, 2025 and 2030, with reductions in greenhouse gas emissions of at least 80 percent by 2050 with a 1990 baseline;
- financial support through the markets and elsewhere for actions taken in the developing world, and strong support in the battle against deforestation;
- the development of new green technologies, which should be shared with developing countries; and
- substantial assistance to developing countries to help them adapt to the impact of climate change over the next few decades.
He said the annual flow of finance from rich countries to the developed world should be in the region of $200 billion per year by the 2020s."
Thursday, July 16, 2009
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