Current pledges to slash carbon emissions will cost developing countries 50% more than if global warming is limited to 2C,Oxfam report says Developing countries will have to pay $270bn extra each year to adapt to the impacts of climate change if global pledges to slash greenhouse gas emissions conclude not increase, according to a modern report by Oxfam. Plans submitted by more than 170 countries ahead of crunch UN climate change talks in Paris next week are likely to lead global temperatures to rise by 2.7-3C above pre-industrial times.
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Source: theguardian.com