At the United Nations Climate Change Conference in Durban, South Africa, the global shipping industry, Oxfam and WWF have joined forces to suggest to governments how the further reduction of greenhouse gas emissions from international shipping might best be regulated.
Aid from rich nations is likely to fall by at least $9.5 billion by the end of 2012 – the biggest drop in aid for 15 years, according to new calculations by international agency Oxfam ahead of this week’s G20 Summit (Nov 3-4).