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IPCC urges more investment on climate R&D PDF Print E-mail
Wednesday, 20 February 2008

The UN Intergovernmental Panel on Climate Change (IPCC) Chairman Rajendra Pachauri recently urged the increase of investment in research and technology, by which the world can "minimize" greenhouse gas emissions.

ipcc investment climate"If the world is moving towards a low carbon future then those companies that are going to be ahead of the others at arriving at low-carbon solutions will really benefit most," he told a press conference at the World Economic Forum (WEF) Annual Meeting. He pointed out that the developing countries have attached more importance to emissions reduction and the developed countries should move to develop new technologies which will benefit the control of gas emissions. In this way, the developed countries could help developing countries, which usually use technology that has been proven and used in developed countries, reveals IPCC.

Pachauri, whose IPCC shared the Nobel Peace Prize for 2007 with former US Vice President Al Gore, expressed his hope that the most developed countries would fulfill their commitments to the Bali Roadmap. Agreed by over 180 countries, it includes a clear agenda for the key issues to be negotiated up to 2009, including action for adapting to the negative consequences of climate change, ways to reduce greenhouse gas emissions, ways to deploy climate-friendly technologies and financing both adaptation and mitigation measures.




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