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Bigger Role for Developed Countries Against Global Warming

Governments of developed countries should play major roles in leading technology transfer and enterprises' financing in global efforts to reduce greenhouse gas (GHG) emissions, a Chinese official said at an international forum held in Chiba, Japan on Sunday.

Both developing countries and developed countries have realized the importance of technologies in building more energy-efficient and low-emission industries, however on transferring such technologies, developed nations underline the role of markets, while developing nations urge the combination of roles of markets and governments, said Xie Zhenhua, vice chairman of the China Development and Reform Council.

Xie made the remarks at the two-day fourth ministerial meeting of the Gleneagles Dialogue on Climate Change, Clean Energy and Sustainable Development starting Saturday.

Developed nations, who own high-end technologies, should, in accordance with a UN treaty, allocate some of their Overseas Development Assistance to set up a fund majoring in tackling with climate change, Xie said, indicating that developing nations should enjoy free or low-cost access to those environment-friendly technologies.

On financing, Xie said governments should send signals to enterprises by constituting incentive tax, subsidy and price policies, thus encouraging them to invest more money into anti-climate change efforts.

Xie said China is confident that as long as governments from both the developing and the developed worlds have strong political will to seek a final common stand, an effective and long-lasting multilateral mechanism could be built to support the humankind's anti-global warming campaign.

(Xinhua News Agency March 16, 2008)

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