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China, India to Rich Nations: $200 Billion to Fight Climate Change, Please

Posted on 28 April 2009 by Sustainability Digest

india china 200 billion climate change photo
Photo via Windows to the Universe

China, India, and South Africa have an interesting proposal to the industrialized world: give them $200 billion a year, and they’ll use it to fight climate change. As Bloomberg points out, that’s around 0.5% of all of the rich nations’ entire economic output. But that’s not all that the three countries are asking for . .

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