New study calls for more funds to help Caribbean achieve climate stabilization
Apr 23, 2013
WASHINGTON, CMC – A new study is suggesting that nearly US$100 million would be required annually to implement key mitigation strategies in Latin America and the Caribbean. The study, which has been released here on Monday, estimates net additional costs of reducing emissions related to land use, energy and transport – the three main contributors to greenhouse gas emissions in Latin America and the Caribbean (LAC). It says a 97 per cent decarbonization of the power sector by 2050 would require US$66 billion in net annual investments.
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