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Voice received from : Md. Joynal Abdin,Bangladesh Federation of Chamber of Commerce and Industry
Economic Prospects through Intra Regional Trade and reunion of SAARC countries
South Asia is the only region of the World that has a unique historical background. People in this region used to share the diversified products among themselves for centuries. Statistics showed that intraregional trade among the SAARC nations was 19 percent in 1948 soon after the end of British colonial era. But due to protectionist mentality of the new emerging countries this intra regional trade has since declined to the lowest 2 percent in 1967. With the emergence of SAARC in 1985 South Asian people got a platform to get closer and renew their past shared trade.
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Voice received from : Nisha Agarwal, CEO Oxfam India
Diverting-funds-for climate change to risk children in poor nations:Oxfam
A week before global leaders prepare to join US President Barack Obama at his first United Nations address on climate change in New York, a study by anti-poverty group Oxfam has warned that diverting overseas aid from economic development to fight global warming may threaten the lives of at least 4.5 million children in the poorest nations.
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1. Is the existing funding structure adequate to fight the climate change?
The current funding structure is inadequate to fight climate change.
There are likely to be significant costs of technology transfer from the
developed world to the developing world for moving to a low carbon
development path and also significant costs of helping poor people adapt
their lives and livelihoods to climate change. The developed world needs
to bear the financial burden of this but so far has failed to make any
significant financial commitments towards this.
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2. How does the stance of rich developing countries fail miserably in
combating climate change?
The rich countries have failed so far in implementing the targets for
mitigation that they had agreed to in Kyoto and are continuing to follow a
high carbon-intensive development path. They are failing to take
responsibility for the problems that they have created in the past and are
also failing to take measures that will rectify the problems of the past
and put the world on a more sustainable path for the future.
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