United Nations climate chief Yvo de Boer called on finance ministers meeting here Tuesday to provide the monetary muscle to tackle Earth's global-warming crisis.
Finance ministers or their representatives were holding first-of-a-kind talks on climate change in parallel to a worldwide gathering that aims to deepen action against the peril from greenhouse gases.
"Designing a long-term solution to climate change is mainly a challenge of intelligent financial engineering," said Yvo de Boer, head of the UN Framework Convention on Climate Change (UNFCCC), which is organising the December 3-14 talks in Bali, Indonesia.
..."Because of (climate change), some say 200 billion US dollars more in investment will be needed each year," he said....MORE
