Monday, January 25, 2010
Climate aid for Bhutan
Brunei Times: Landlocked, mountainous Bhutan is getting support from the Asian Development Bank (ADB) and Japan to counter the harmful impacts of climate change on its rivers – the lifeblood of the economy. The Japan Special Fund, financed by the Government of Japan and administered by ADB, is providing a $700,000 grant for building up the capacity of Bhutan?s National Environment Commission (NEC).
The NEC is the designated national authority for climate change issues and handles projects that are eligible to avail of carbon credits under the Kyoto Protocol. However, it currently lacks the staff and other capacity for developing mitigation and adaptation measures that can counter climate change.
Bhutan's rivers are the backbone of the economy, with exports of hydropower-generated electricity accounting for more than 40% of national revenue, while 70% of the population lives in rural areas and depends heavily on irrigated agriculture. Climate change threatens to have a serious impact on river flows as a result of changing patterns of rain and snowfall, flash floods exacerbated by melting glaciers, and acute droughts in the dry season. …
Bhutan's coat of arms, though it looks like a mandala to me
The NEC is the designated national authority for climate change issues and handles projects that are eligible to avail of carbon credits under the Kyoto Protocol. However, it currently lacks the staff and other capacity for developing mitigation and adaptation measures that can counter climate change.
Bhutan's rivers are the backbone of the economy, with exports of hydropower-generated electricity accounting for more than 40% of national revenue, while 70% of the population lives in rural areas and depends heavily on irrigated agriculture. Climate change threatens to have a serious impact on river flows as a result of changing patterns of rain and snowfall, flash floods exacerbated by melting glaciers, and acute droughts in the dry season. …
Bhutan's coat of arms, though it looks like a mandala to me
Labels:
aid,
Bhutan,
development,
finance,
Japan
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