Monday, November 5, 2007

Budgeting for climatic changes

Sometimes environmental issues become financial issues out of sheer desperation. They are forced onto us. They start costing money; for example, the latest medium term budget statement hints at support mechanisms such as crop loss insurance in the wake of climatic changes.

This contains some serious warnings on sustainability of other industrial policies and development programmes, an issue highlighted by no other then Business Day. See for the full story.

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