Sunday, June 17, 2007

Japan vows 100M to stem climate change

May 7

KYOTO, Japan - Japan pledged $100 million in grants to the Asian Development Bank on Sunday to combat global warming and promote greener investment in the region and called for a stronger international agreement to cut greenhouse gas emissions.

The money is part of a new initiative by the government in Tokyo to support sustainable development in response to increasing concern that Asia's breakneck economic growth is destroying the environment. It comes just days after a breakthrough agreement in Thailand set the world's first roadmap for fighting climate change. http://news.yahoo.com/s/ap/20070506/ap_on_re_as/asia_climate_change_6

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