PM seeks global funds to fight climate change

March 31st, 2008 - 8:13 pm ICT by admin  

A file-photo of Manmohan Singh

New Delhi, March 31 (IANS) The international community should consider creating financial mechanisms that will promote environment friendly technologies and technology transfer to developing countries to deal with climate change, Prime Minister Manmohan Singh said here Monday. The prime minister made these comments while attending a meeting to discuss a strategy paper on climate change prepared by Nicholas Stern, who had also prepared Britain’s strategy paper on the subject last year - the Stern report.

The strategy paper is leading up to the national action plan that is being prepared by the Prime Minister’s Council on Climate Change.

A government spokesman said Stern had endorsed Manmohan Singh’s proposal that per capita emissions of greenhouse gases - which are warming the planet - should be equitable throughout the world.

Finance Minister P. Chidambaram, Minister for Science and Technology Kapil Sibal, Deputy Chairman of Planning Commission Montek Singh Ahluwalia, Nandan Nilekani of Infosys, former UN under secretary-general Nitin Desai and academic Kirit Parekh were among those who attended the Monday’s meeting.

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