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Report: $700 Billion a Year Needed for Climate Change

2013-01-21 22:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Yahoo!: According to a new report from the World Economic Forum, an additional $700 billion a year is needed to address climate change through clean-energy infrastructure, low-carbon transport, energy efficiency in building and industry and for forestry. Here are the details. * Total investment in climate-change mitigration and adaptation in 2011 was estimated at $268 billion from the private sector, with an additional $96 billion from the public sector, the report stated. * 2011's investment in combating...

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