综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

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

...
衢州市| 阳谷县| 义乌市| 海安县| 驻马店市| 榆中县| 眉山市| 隆回县| 桦南县| 开江县| 突泉县| 宕昌县| 苏州市| 宾阳县| 舟曲县| 卓资县| 西乌| 三河市| 怀集县| 读书| 牙克石市| 江永县| 大新县| 炎陵县| 维西| 孙吴县| 行唐县| 鹤庆县| 蒙山县| 夏津县| 安新县| 邻水| 吉林省| 永宁县| 莲花县| 同德县| 沁源县| 铁岭市| 双辽市| 凤台县| 绥芬河市|