Developing countries face 75-80 per cent of the potential damage from climate change and will need assistance in adapting to the changing climate. Moreover, the current financial crisis cannot be an excuse to put climate on the back burner, states the World Development Report 2010: Development and Climate Change.
The report notes that while financial crises may cause serious hardship and reduce growth over the short- to medium-term, they rarely last more than a few years and that the threat of a warming climate is far more severe and long-lasting.
It also points out the fact that geography coupled with high levels of poverty and population density make South Asian countries particularly vulnerable to climate change. Global warming of 2 degrees Celsius above pre-industrial temperatures — the minimum the world is likely to experience — could result in permanent reductions in GDP of 4 to 5 per cent for South Asia.
For India, yields of major crops are projected to fall 4.5 to 9 per cent within the next three decades, even allowing for short- term adaptations.
The report adds developing countries that need massive expansions in energy, transport, urban systems and agricultural production, use high-carbon technologies that produce more greenhouse gases.
In fact, India relies heavily on coal, which accounts for 53 per cent of its commercial energy demand, but there is potential for improving energy efficiency and reducing transmission and distribution losses.
Environmental recovery is key, but we also need to tailor expectations of change to a countries means. National priorities and circumstances are key. Theres no way India can pull their people out of poverty and have this environmental goal in the forefront. http://www.newsy.com/videos/climate_change_talk_heats_up_at_un_summit
Nowadays, the world-wide overpopulation growing consistently is using up tremendous fossil fuel at an alarming pace as the own conventional resources in some dense countries is facing drastic dent.
For that reason, it is widely accepted that the price of fossil fuel is expected to go up and up simply, which is behind major states taking a bold and speedy action in a bid to put the global economy on a solid ground.
Relying on worthless, painful and wasteful oil wars, that is, the original source of this great recession, to waste time bickering on meaningless things and drag feet on a defining energy bill are sure to shake the embryonic effect of stimulus package that is an interim measure for build-out of a new foundation.
As with "Inaction" cost, $9trillion over the next decade in health care and social security, supposedly the same is of inaction on the most-needed energy bill.
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