http://news.yahoo.com/s/ap/20071127/ap_on_sc/un_climate_changeSo nobody's gonna make any money off the climate change scam?
Tue Nov 27, 1:30 PM ET
UNITED NATIONS - Helping the world's poor adapt to more floods, droughts and other changes from a warming planet will cost the richest nations at least $86 billion a year by 2015, an expert panel warned Tuesday.
"They must have help from the rich world," said Claes Johnasson, a co-author of the report commissioned by the U.N. Development Program. "Climate is forcing people into human development traps."
Half the cost, $44 billion, would go for "climate-proofing" developing nations' infrastructure while $40 billion would help the poor adapt how the live to cope with climate-related risks, says the panel's report. The other $2 billion would go to strengthening responses to natural disasters.
The report recommends the biggest share be paid by the United States and other rich nations, based on aid targets and financing calculations by the World Bank and Group of Eight major industrialized nations.