Japan Plans US$10 Bln Aid to Fight Global Warming
JAPAN: January 11, 2008
TOKYO - Japan plans to set aside about US$10 billion over the next five
years to help countries such as China and Indonesia fight global warming, a
newspaper reported on Thursday.
Japan's top government spokesman, Nobutaka Machimura, confirmed to reporters
that Tokyo planned to launch an aid programme but said it had yet to work
out details.
The aid would be focused on measures to cut greenhouse gas emissions, ease
the effects of disasters caused by global warming and promote the use of
alternative energy sources, the Nikkei business daily said.
The aid would come in the form of grants or low-interest loans, it said.
Japan would help improve the efficiency of China's ageing coal-fired power
plants and money would also be used to assist developing countries to gather
meteorological data to help them prevent natural disasters, the Nikkei said.
It said Japan was expected to formally agree to provide Indonesia with aid
in March and would also help Tuvalu, a low-lying Pacific country that has
already suffered from rising seas and storm surges linked to climate change.
(Reporting by Teruaki Ueno; Editing by Sanjeev Miglani and Rodney Joyce)
REUTERS NEWS SERVICE
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