December 16, 2009
Asif Dowla blogged about his recent White Paper examining the critical role microfinance institutions (MFIs) can play in mitigating the impact of climate change on poor people for the CGAP blog.
As the events at the Copenhagen summit on climate change continue to unfold this week, I think it is important that we look at the relationship between climate change and microfinance.
The microfinance industry has been almost silent about climate change. Even in Bangladesh, where microfinance institutions (MFIs) provide services to more than 30 million households, the industry did not actively participate in the National Adaptation Program of Action (NAPA), which helps less developed countries identify priority activities for responding to climate change.
Comments
Nonsense, you are attributing powers to a trace gas, CO2, that is insignificant by definition and a poor absorber of IR energy from the sun compared to water vapor that has 200 times as many molcules with each absorbing seven times as much energy for a net effect more than 1400 times that of CO2! Or you can say “Water vapor is responsible for 99.9% of all atmospheric heating.”
Carbon is 84% of all petroleum and fossil fuel. The control and taxing of carbon is the key to more political, economic taxing power than anything that has happened in 800 years, the signing of the Magna Carta. But, where that was the key to freedom for the people this is the way to the concentration of power in the wrong hands. It is just that simple. Check the science and you will see.