Developing world may need annual $500 bn for climate by 2050: UN

Developing world may need annual $500 bn for climate by 2050: UN
Lima (AFP) Dec 06, 2014 - Developing countries may need up to $500 billion per year by 2050 to adapt to the ravages of climate change, dwarfing previous estimates, a UN report said Friday. The figure was about 20 times today's public spending on climate adaptation, according to the United Nations Environmental Programme (UNEP) that warned of a "significant funding gap after 2020." And the number could be further ... morehttp://www.terradaily.com/reports/Developing_world_may_need_annual_500_bn_for_climate_by_2050_UN_999.html