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PNG Makes Ground on Trees at World Meet

  • November 21st, 2006
  • Posted by 7thmin

png-flag-reduced-175.gifDeveloping countries achieved additional aid for enabling them to play a full role against climate change, at the world climate conference just ended in Nairobi.

Among actions to follow the gathering, a work program put forward by Papua New Guinea, with Costa Rica, for dealing with emissions from deforestation, was approved.

The exercise will recognise global impacts of heavy exploitation of native forests, in terms of lost equivalent tradable resources – carbon gasses that may have been extracted from the atmosphere.

Work on it has been authorised towards forging an international agreement on that at the next United Nations climate change conference, in one year.

The United Nations climate change conference (week beginning 13.11.06), brought together representatives of 189 countries – including the 166 parties to the international Kyoto agreement on reducing climate change – to debate solutions to climate change problems.

It took in proposals for reducing emissions of carbon dioxide and other pollutant gases, from industry and from other sources.

Negotiators at the gathering moved towards bringing on stream the Kyoto Protocol’s Adaptation Fund for developing countries, set to be worth eventually EU 300-million (A$ 499.12, Dcerates), by deciding on its governance structure and a set of principles of operation.

Its intention is to help with adaptation to climate change in many areas, such as preparing for effects of extreme weather or importation of clean air technologies.

Similar work was done towards putting into use the Kyoto Convention’s Special Climate Change Fund, a financial pool meant to help developing countries mitigate gas emissions from a range of economic sources, and diversify their economies.

The European Commission had committed EU 80-million (A$133-million) for assistance with introducing clean technologies and other anti-climate change projects, and this was supplemented by pledges of an additional EU 24-million (A$39.92-million) from Germany and EU 8-million (A$13.3-million) from Italy.