Tuesday, May 26, 2009

CLIMATE CHANGE: International Framework for Combating Climate Change

Japanese Economy, Trade and Industry Minister ...Image by AFP/Getty Images via Daylife

International Framework for Combating Climate Change by Ben Tan

Most people would agree that something must be done about climate change. However, getting some of the biggest polluters on Earth to do something about it has been the challenge so far.

More Needs To Be Done By Governments

It is hard to know how to judge whether this is about to change or not. However, increasing international and domestic social pressure can certainly have an impact. Governments are beginning to understand that it is important to get responsible scientific advisors to help them craft useful and efficient environmental policies that will be acceptable to a voting populace.

As an example, in the United States, election candidates are now touting themselves as the "green" candidate. Many are showing records to prove that they are able to gain industry support of their program on sustainable development and other matters of ecological importance. Election promises are made on government spending to invest in quality research to train a generation of qualified advisors.

Local And International Efforts On Sustainable Development

To combat climate change, understanding of the subject and its impact on lives at stake is important. Since these issues are all related to sustainable development, some nations are building support for domestic sustainable development, making it more likely now for more international agreements to be established on all issues related to climate change. The international agreements on limiting carbon dioxide emissions are quick in coming.

Developed nations are giving a great deal of direct and indirect aid to foreign nations, much of which is in the form of sustainable development initiatives.

Foreign Aid For Better Living

The concepts of sustainable development have been brought to some of the poorest places on earth, thanks to the generosity of wealthier nations. This invaluable source of funding has improved the lives of people throughout the world when human suffering would otherwise foment conflict.

Not all foreign aid is effective, with some efforts going down the drain as resources and wealth that could be shared more equally are benefiting less people due to the fragile political backdrop or irresponsible government practices. Nonetheless, over a long term and with better aid auditing, nations are better equipped to handle their resource rich future for sustainable growth.

Long Term Sustainable Growth

Successful long-term development is a complex process that depends on many factors. In most cases, two qualities seem particularly important: the quality of governance in a country will heavily influence its development; and adopting economic policies that promote growth will contribute significantly to development.

Without these qualities, foreign aid is much less effective in determining whether a country will achieve long-term sustainable growth and development. Foreign aid is likely to be the most helpful when it is given to countries that maintain stable, honest governments and have adopted market-oriented, outward-looking economic policies. For this reason, many foreign aids donors are now making it mandatory for countries to adopt positive political and economic policies. Countries that are unlikely or unwilling to make necessary political and economic reforms will face greater difficulties to obtain aids.

Ben provides consultancy to real and virtual estate owners. Eco-Renewable Resources is one of Ben's interests, with a special focus on Global Warming.

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