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Stabroek News

Caribbean stands to benefit from global climate fund
published: Thursday | December 13, 2007

BALI (CMC):

Caribbean states are among 43 vulnerable islands around the world which stand to benefit from an international fund set up to assist them to adapt to climate change.

Countries attending the conference on Climate Change in Bali, Indonesia, have agreed on the mechanism through which the islands will be able to access grants from the long dormant Kyoto Protocol Adaptation Fund, officials said.

The Adaptation Fund has been accumulating money for several years but has not yet been activated because countries could not agree on what body would administer it.

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