Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-21-Speech-2-970"

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"en.20081021.36.2-970"2
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". It has been obvious for a while that global warming is hitting the least developed countries (LDCs) the hardest, while it is precisely these countries that have contributed the least to it. Their vulnerability will drag them further into the abyss of poverty, and I welcome the fact that Mr Wijkman underlines this emphatically. The idea is to set up an alliance to face up to climate change, but the Commission is not putting enough funds aside for this. The cost of climate change could well be as high as EUR 80 billion. The budget which the Commission has allowed for this, though, is EUR 60 million, which is just not enough for the LDCs to prepare for climate change. It is now up to the Alliance to find, or free up, more funds. This means that the individual Member States of the Union must face up to their responsibility. They must set aside larger sums than they are doing at the moment. The European Parliament also proposes using at least 25% of the EU’s revenue from the emission trade system for the Alliance. It looks as if the Union, in the light of climate change, is starting to think differently about development cooperation, which is to be welcomed. This is why I will be supporting the report."@en1

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