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UBC researchers want ground rules for $100-billion climate fund
UBC researchers want ground rules for $100-billion climate fund
By Larry Pynn
November 18, 2011
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To download a copy of this publication, please visit: http://www.vancouversun.com/business/researchers+want+ground+rules+billion+climate+fund/5731586/story.html#ixzz1e5cqnBxI
Source: Vancouver Sun, Fri Nov 18 2011

Three researchers at the University of B.C. are calling for tight global controls to ensure that $100 billion a year pledged by wealthy countries to help developing nations address climate change is not squandered, misappropriated or used for existing rather than new initiatives.

"This is a huge amount of money to suddenly introduce into a system," said Simon Donner, an assistant professor of geography and the lead author on a paper published Thursday in the journal Science.

"Let's make sure it's not wasted or misappropriated and that the money spent delivers results. This is very challenging but also very important - we can't screw it up."

 

 
 
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