Japan to Help Developing Nations Combat Climate Change
3:25 AM MDT | March 25, 2008 | Deepti Ramesh
Japan has announced the creation of a $10-billion fund to support efforts of developing countries to combat climate change. Japanese prime minister, Yasuo Fukuda, made the announcement in a speech at the annual meeting of the World Economic Forum, held last week in Davos, Switzerland. Fukuda also announced that Japan will set a “quantified national target” to reduce its greenhouse gas (GHG) emissions, starting immediately. The fund, dubbed Cool Earth Partnership, will start disbursing money this year and continue for five years, Fukuda says. It will...
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