Soros Says Rich Nations Should Increase Adaptation Support, IMF Should Shift Funds

摘要

Investor George Soros on Dec. 10 called for developed countries to raise more money to help developing countries adapt to climate change and said the International Monetary Fund should shift $100 billion aimed at adding liquidity to financial markets to fund clean energy and adaptation initiatives.rnFailure to increase the amount committed for adaptation funding could derail the Copenhagen negotiations, Soros predicted during an interview with BNA on the sidelines of the 15th Conference of the Parties to the United Nations Framework Convention on Climate Change.