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Brown's battle to save the planet

01.01.70

CHANCELLOR Gordon Brown will this week call on rich nations to create a 11.5billion fund to fight global warming.

The cash would be pumped into environmentally friendly energy projects in rapidly developing nations like India.

It would also be spent saving the poorest nations from the effects of global warming.

The Chancellor will ask other countries to stump up the cash at meetings of the IMF and World Bank in Washington.

He said: "We must take care of the environment and resources on which our economic activity and future prosperity of all the world's people depends.

"This is a global problem that needs a global response - no region will remain unaffected."

The fund would operate through the World Bank which, along with the IMF, Brown will call on to reform during his visit.

The Chancellor says the two bodies must change so they can give more help to poor nations.

Changing weather patterns are bringing disaster to many countries around the world.

Brown wants pledges of help made at the G8 summit in Gleneagles turned into action.

He said: "It is a problem caused by the industrialised countries, whose effects will be disproportionately fall on developing countries.

"So development in the poorest countries is going to take place in the context of a changing climate, and development strategies will have to adapt to meet this new challenge."

Investing in green energy in countries like India, China and Brazil can significantly cut greenhouse gas emissions over the next century.

Brown's call follows his education crusade to get every child in the world into classes by 2015.

Expert opinion

Halter Marek

02.12.06

Halter Marek
Le College de France
Olivier Giscard dEstaing

02.12.06

Olivier Giscard dEstaing
COPAM, France
Mika Ohbayashi

02.12.06

Mika Ohbayashi
Institute for Sustainable Energy Poliy
Bill Pace

02.12.06

Bill Pace
World Federalist Movement - Institute for Global Policy
Peter I. Hajnal

01.12.06

Peter I. Hajnal
Toronto University, G8 Research Group