Date published: 2007/05/29
The BBC says:
The UK must donate more money to poorer countries to help them cope with climate change, according to a charity.
Oxfam said Britain had pledged £20m in "adaptation funds" - but needed to pay a further £1.2bn.
They reached the figure by combining the amount of emissions a country produces with its ability to pay.
...
In the run-up to next month's G8 summit in Germany, Oxfam warned that £25bin was needed to fund projects in poor countries.But the world's richest nations have so far pledged only £90m in total, the charity said.
Its report concluded developed countries should foot 80% of the bill for poorer countries to adapt.
The academic middle class people who run Oxfam have come up with an arbitrary algorithm to push for their agenda, and the academic middle class people who run the BBC just publish their numbers without question. It's hard to take these kinds of reports seriously, and since Oxfam knows full well that no government will take this report seriously, it seems that this is just a PR exercise.
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