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Africa to Seek Billions in Climate Change Compensation

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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-25-09 01:36 PM
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Africa to Seek Billions in Climate Change Compensation
http://www.voanews.com/english/2009-08-24-voa34.cfm

Africa to Seek Billions in Climate Change Compensation

By Peter Heinlein
Addis Ababa
24 August 2009

The African Union is considering a proposal to demand at least $67 billion a year in environmental damages from developed countries at the Copenhagen Climate summit in December. Africa is seeking a common position to increase its bargaining power in Copenhagen.

Representatives of several African heads of state met at AU headquarters Monday to determine how much the continent should ask in compensation at the UN climate summit in December.

A concept paper obtained by VOA says the flow of money to support 'adaptation to changes in climate' must be at least $67 billion a year by the year 2020.

In all, the paper recommends that developed countries commit to paying one-half percent of Gross Domestic Product, or GDP for 'climate action' in poorer countries.

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pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-25-09 02:08 PM
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1. I would love to bee of assistance in this matter
but right now I am engage in helping Claudio Kabila, son of late Congolese leader Laurent Kabila, extract remains of Kabila family fortune from clutches of rapacious Arab bankers in Dubai. Maybe later date, after I recieve my 20% from current endeavor.
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