OAPEC elated with results of Doha climate conference


(MENAFN- Kuwait News Agency (KUNA)) OAPEC secretary general Abbas al-Naqi applauded on Tuesday results of the recently held UN Climate Change Conference in Doha, Qatar, noting efforts of OAPEC to inform its members of the conference's major issues. In remarks to KUNA, al-Naqi was pleased with the decision by the Doha conference to renew for eight more years the Kyoto protocols on climate change. He also appreciated the developed nations' financial aid to developing nations to deal with climate change in their countries, by trying to reduce carbon emissions, among other things. A number of European countries pledged aid to the tune of six billion dollars through 2015, he said, noting that developed nations inclined to commit up to 100 billion dollars to help developing countries curb carbon emissions in their countries. In its speech at the Doha conference, al-Naqi said OAPEC asked that countries should reduce their emissions by at least 40 to 50 percent than emission levels in 1990, and that such reduction should be achieved by 2020. He said that OAPEC was satisfied with the selection of South Korea to be the headquarters for the establishment of a Green Fund which will assist developing countries get the funds they need to reduce carbon emissions and achieve clean air and water.


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