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Keyword: richcounrtries

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  • World Bank says rich need to do more on environment

    12/26/2004 10:07:48 PM PST · by hedgetrimmer · 28 replies · 445+ views
    The World Bank on Tuesday chastised rich countries for not giving enough to fund global environmental protection and warned that overall progress in meeting global environmental targets was "alarmingly slow." In an annual report entitled "Environment Matters," the World Bank said aid for the environment averaged about $2 billion a year over the past decade, far less than well-off societies agreed during a major environment summit in Brazil in 1992. The report estimated that protecting the environment in developing countries amounted to about $2.50 per person a year in rich countries, less than the current price for a gallon of...