Climate Change mercifully has dominated the scenario. Even if the nations of the world are not willing to do anything but at least they are talking about it. A start has been made.
The seriousness from of the global warming can be gauged from the fact that even Arunachal, the state endowed with huge forest cover feels the effect of climate change. Natural calamities have been on the rise in the last few years and extreme climate have replaced the moderate.
Rising temperature and the natural disasters that it brings will affect the poor the most as they don’t have the resources to cope with it.
Funding remains a key problem for developing Asian economies to address the pressing problem of climate change.
The Asian Development Bank, in a recent report said that 320 million U.S. dollars of public funds are now available to be used for climate change adaptation.
This is however inadequate. Oxfam International, the UK-based advocacy group, estimates that developing countries around the world need 50 billion U.S. dollars a year to survive the impacts of climate change. The United Nation Framework Convention on Climate Change (UNFCCC) projects that this figure will rise to 250 billion U.S. dollars per year in 2020.
Asia is equally responsible for causing climate change, as the recent economic growth in the region was achieved at the expense of the environment. Asia now accounts for a third of total greenhouse gas emissions that lead to a steady rise in temperatures.
However industrialized countries led by the United States and those in Western Europe, biggest contributors towards global warming, need to take charge.
It is necessary that global climate change that is set to disrupt lives in the world over need to be addressed properly.