UN calls for international climate fund

UN Secretary General Ban Ki-moon has called on world leaders to create a multibillion dollar fund to protect vulnerable nations from extreme climate change. Speaking in Dhaka, Mr Ki-moon called […]

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By Tom Gibson

UN Secretary General Ban Ki-moon has called on world leaders to create a multibillion dollar fund to protect vulnerable nations from extreme climate change.

Speaking in Dhaka, Mr Ki-moon called for nations to make a pledge at the upcoming COP in Durban for a $100 billion a year fund.

James Abbott, a Green Party spokesperson backed the idea: “Many of the most vulnerable countries such as Bangladesh, Maldives, Costa Rica and Samoa have made commitments to become carbon neutral. We must not let these countries down and we must not use the global economic crisis as an excuse not to create the fund. It is essential that poorer countries have the funds to be able to adapt to global warming.”