The Global Warming

The world efforts to combat global warming need funds around 350 billion euros per year. Those funds have purpose to keep the temperature increase in the earth below 2 degrees Celsius until the year 2030. Therefore exposure of the company McKinsey consultant, on Monday (January, 26th 2008) in Brussels, Belgium.

"The World is able to reduce emissions of greenhouse gases to 70 percent in the year 2030," the sound of one of the conclusions . However, it can only be achieved if, "should be done as soon as possible action across sectors globally."

A range of cost about 200 billion-350 billion euros per year at this time. This amount is equivalent to 1 percent of gross domestic income globally in the year 2030. McKinsey adds, estimation is based on the optimistic assumption.

Total investment needed to limit the increase in global temperature of the earth will be increased from year to year in line with the increasing population and expanding global economy. According to Per-Anders Enkvist, one of the composer the reports, the amount of investment could reach 810 billion euros in 2030