Economic losses due to global warming amount to over $125 billion annually and are expected to rise to $340 billion each year by 2030, according to a May 2009 report issued by the Global Humanitarian Forum. The report said developing countries bear more than nine-tenths of the human and economic burden of climate change, while the 50 poorest countries contribute less than 1 percent of carbon emissions. So while an exact estimate is very difficult to come up with, hundreds of billions of dollars will likely be needed by poor countries each year to fully counteract the myriad devastating effects of climate change.
Click here to cancel reply.
Sorry,At this time user registration is disabled. We will open registration soon!
Don't have an account? Click Here to Signup
© Copyright GreenAnswers.com LLC