国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

World / Europe

Curbing climate change will cost $700b a year

(Agencies) Updated: 2013-01-22 14:56

OSLO - The world must spend an extra $700 billion a year to curb its addiction to fossil fuels blamed for worsening floods and heat waves and rising sea levels, a study issued by the World Economic Forum (WEF) showed on Monday.

As government and business leaders prepare to meet at the forum in Davos, Switzerland this week, the world's nations are divided over who should pay for lowering emissions of greenhouse gases blamed for a growing number of extreme weather events.

Recessions in Western economies since the global financial crisis have slowed carbon emission growth but also left governments with scarcer state funds to channel into green technologies.

The Green Growth Action Alliance, which compiled the study on behalf of the WEF, said the extra spending was needed to promote other forms of energy generation and greater efficiency in sectors including building, industry and transport.

The $700 billion, part of which would promote cleaner energies such as wind, solar or hydro-power, would be on top of about $5 trillion projected to be spent each year on infrastructure under a scenario of business as usual until 2020.

"Shaping a global economy fit for the 21st century is our greatest challenge," former Mexican President Felipe Calderon and chair of the Alliance wrote in the report.

The Alliance is a public and private group tied to the WEF that was launched at a Group of 20 meeting in Mexico last year.

The study said a $36 billion annual rise in global public spending to slow climate change - less than the estimated $50 billion cost of damage by Superstorm Sandy in the United States in October - could unlock far greater private investment.

It suggested a $36 billion jump in state spending to $126 billion a year, from a current $90 billion, might trigger $570 billion from private investors if properly managed.

It noted that the world population was set to rise to about 9 billion by 2050 from 7 billion now.

"Greening the economy is the only way to accommodate 9 billion people by 2050," said Thomas Kerr, Director of Climate Change Initiatives at the WEF.

Previous Page 1 2 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
阳山县| 兴义市| 上高县| 苍南县| 玉田县| 新津县| 白城市| 会理县| 建湖县| 巴中市| 金山区| 温泉县| 景德镇市| 阳江市| 平定县| 沐川县| 镇沅| 曲阜市| 东城区| 寻乌县| 德格县| 宝坻区| 宁都县| 红原县| 房产| 灌云县| 营山县| 泽库县| 襄汾县| 永康市| 兴宁市| 昭通市| 昭苏县| 涞源县| 鄂尔多斯市| 玉田县| 涿鹿县| 通河县| 台州市| 界首市| 五常市|