17 Mar 2008

ADB calls for more funding on climate change projects

7:39 pm on 17 March 2008

The Asian Development Bank is calling for more emphasis on projects to reduce the adverse impact of climate change.

Its Vice-President Ursula Schaefer-Preuss says there should be more partnerships to pool technical and financial resources to mitigate the negative effects of climate change and to enable those adversely affected to adapt to the challenges.

She says funds are needed to reduce the burden of countries that may be called to accommodate large populations displaced by climate change.

Ms Schaefer Preuss says no single country should have to bear the burden of climate-driven refugees on its own.