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Thursday, March 10, 2011 - 05.25 GMT

Developed countries' support must for green economy - Kohona

 

A green economy is easy to prescribe. But is difficult to implement. Direct funding assistance from developed countries is a must. Such funding is expected and would suggest a seriousness on their part to help developing countries to address the problems of adaptation and mitigation in a sustainable manner, stated Dr. Palitha Kohona, Permanent Representative of Sri Lanka to the UN at the United Nations Pace University, Law School, New York on environmental issues.

A possible source of funding could be the charities. Already many charities disburse significant funds in the developing world for worthy causes. For example the Bill Gates Foundation, he said. Corporations can also encouraged to devote a part of their revenues and capacity for environmental mitigation and adaptation measures in the developing countries where they operate. Sri Lankan garment manufacture’s after strictly complying with environmental standards, have marketed their product as “Garments without guilt”, Dr. Kohona added.

Referring to the developing countries' policy framework he said that developing countries themselves should establish the necessary policy framework, including tax benefits, to encourage approaches that would help to create a green economy. The energies of individuals could be properly directed and encouraged. Better practices could be fostered through better policies. Proposals have been made for taxing electronic messaging and airline traffic.

The full text of the speech by Dr. Palitha Kohona found at:

http://www.slmission.com/news/news/16-mission-news/538-environmental-issues-at-the-united-nations.html


 

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Last modified: March 10, 2011.

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