The tremendous news that Nissan’s Sunderland plant will be one of only three locations in the world to develop these new electric cars underlines the outstanding capabilities of the Sunderland workforce and the high regard in which they’re held by the company.
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$300bn cost to stop climate change
2009-08-13Newsfeed
The top UN climate official claims cutting greenhouse gas emissions to slow global warming and adapting to droughts and rising sea levels will cost around $300 billion (£181bn) a year
The top UN climate official claims cutting greenhouse gas emissions to slow global warming and adapting to droughts and rising sea levels will cost around $300 billion (£181bn) a year
According to Yvo de Boer UN climate change aecretariat, mitigation of global warming - cutting greenhouse gases while energy production switches to renewables sources such as wind and solar power - will be expensive and developing countries will need lots of funding to stave of the impact of warming such as floods, heatwaves and rising sea levels.
He said: "Over time, according to my own analysis, we are going to need $200 billion (£120bn) a year for mitigation and probably in the order of $100 billion (£60bn) a year for adaptation from 2020 onwards."
He added that although the numbers are rough estimates it illustrates the need for a long-term shift to a green economy.
Mr de Boer said: "It is a phenomenal amount of money but how much of that money is needed at the end of the day is to a large extent dependent on how ambitious the climate change response is."
His predictions come ahead of a UN climate pact which is due to be agreed on at a meeting in Copenhagen in December.
Copyright © Press Association 2009
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