中国气候变化信息网 China Climate Change Info-Net
Finance ministers from around the world will hold a two-day meeting in conjunction with the international conference on climate change next month in Indonesia's resort island of Bali.
They will discuss economic aspects related to the issue, including its financial impacts and policies to address it, said Indonesian Finance Minister Sri Mulyani Indrawati.
The ministers will get together on December 10 and 11 in the hope of paving the way for developing and developed countries to agree on a "common objective on the financial issues of climate change", thereby leading to more appropriate policies for sustainable development and support for the global carbon trading market.
"This (common objective) is important because many developing countries are uneasy about the issue of climate change," Indrawati was quoted by local newspaper The Jakarta Post as saying.
"For many countries still preoccupied with growing their economies with limited resources, climate change is just an additional obstacle to their development.
"We therefore expect the meeting to provide a bridge between the needs of developing countries and the interests of developed countries."
In an assessment released earlier this year, the United Nation Intergovernmental Panel on Climate Change said that efforts to keep global carbon dioxide (CO2) levels at a sustainable 445-535 parts per million (ppm) would only cost 3 percent of global gross domestic product (GDP), and only reduce average annual GDP growth rates by 0.12 percent.
Date：Nov 16,2007
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