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Britain's £800 million ($1.6 billion) international project to help the poorest countries in the world adapt to climate change was under fire last night after it emerged that almost all the money offered by Prime Minister Gordon Brown will have to be repaid with interest. The U.K. environmental...
British plans to offer £800m to poor countries to help prepare for climate change came under renewed fire today from debt campaigners and developing countries. The Guardian revealed on Saturday that most of the money would be in the form of loans and not grants and would be channelled through the...
Never trust a politician over climate change, that’s the lesson of this story. Britain’s £800m international project to help the poorest countries in the world adapt to climate change has come under fire after it emerged that almost all the money offered will have to be repaid with interest. The...
Development campaigners have accused the UK government of making a stealth cut to an £800m fund designed to help poor countries adapt to climate change. (Excerpt) Read more at news.bbc.co.uk ... Here we go again. ‘The UK’s money will go into a multi-lateral fund administered by the World Bank.’...
London - Poor countries will have to pay back aid given to them by Britain in an international project to help them adapt to climate change, The Guardian newspaper said on Saturday. But the money is not additional British aid and will be administered by the World Bank, mainly in the form of...
The money is aimed at helping poorer countries deal with climate change Development campaigners have accused the UK Treasury of making a stealth cut to an £800m fund designed to help poor countries adapt to climate change. Ministers said they were proud to have set a moral lead when the...
LONDON (AFP) - Poor countries will have to pay back aid given to them by Britain in an international aid project that was supposed to help them adapt to climate change, The Guardian newspaper said Saturday. The 800-million-pound scheme was announced in November, but the daily reported that almost...
LONDON (AFP) - Poor countries will have to pay back aid given to them by Britain in an international aid project that was supposed to help them adapt to climate change, The Guardian newspaper said Saturday. The 800-million-pound scheme was announced in November, but the daily reported that almost...
Almost all of the 800 million pounds ($1.6 billion) offered by Britain to help developing countries cope with the effects of climate change will have to paid back with interest, a newspaper reported Saturday. The revelation drew criticism from developing country diplomats and NGOs.
Article from: Agence France-Presse From correspondents in London POOR countries will have to pay back aid given to them by Britain in an international aid project that was supposed to help them adapt to climate change. The STG800 million ($1.66 billion) scheme was announced in November but the...
The letter shows that the US has resisted the idea of loans, preferring to give developing countries grants. "We understand that grants would be the US preferred approach," the British ministers say. Both their departments are understood to have argued strongly that the money should be in direct...
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