Source AP ©

EU to provide poor countries with financial help to solve climate problems

The world's poorest nations will get at least 50 million EUR(US$69 million) from the European Union to cope with more frequent storms, floods and drought linked to man-made climate change.

EU Development Commissioner Louis Michel said the funding for a new global climate change alliance was "only a startup" and he wanted EU nations to add their own money to the pot - warning that a lot more was needed to reduce poverty and save lives.

"Natural disasters are increasing," he said, citing 24.5 million EUR(US$34 million) in EU funds already given in the last two months to victims of hurricanes, floods and drought in Colombia, Caribbean, Kenya, India, Bangladesh, Nepal, North Korea, the Sudan as well as for the Peru earthquake.

The funds aim to help people prepare better for natural disasters by swapping know-how. It will pay for measures such as flood defences, reducing emissions from deforestation, helping poor countries set up programs that could cash in on rich nations' carbon offsets and making climate change a part of other development aid efforts.

"Obviously top priority will go to the least developed countries ...and these small island states but no-one is ruled out," Michel said.

The European Commission said the link between climate change and the frequency and intensity of extreme weather events has become clear in recent years.

"Seven of the ten deadliest disasters of the last 20 years have occurred between 2000 and 2006," it said.

The EU said it was setting up the worldwide partnership because it had "a leadership role in promoting international action to tackle climate change."

Comments
Unemployment in Russia hits record high of 15 percent
Third Rome and geopolitics of Orthodox schism
Brexit: The UK's misunderstanding of Democracy
Why Trump tries to re-industrialize America
Why Trump tries to re-industrialize America
MP suggests replacing Lenin's mummy with rubber figure
Russian Navy admiral says Russia will torpedo US warships, if need be
The horror story called Brazil: Murder and destruction
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Why Trump tries to re-industrialize America
USA plays to pretend a mighty dragon that can no longer breathe fire
US interferes in election of Interpol president, Kremlin believes
US interferes in election of Interpol president, Kremlin believes
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Brexit: The UK's misunderstanding of Democracy
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Japan ratifies agreement to supply weapons and ammo to warring states
Russia to ban capture of killer whales and belugas in 2019
Russia to raise sunken floating dock