Sally Davies, in an article for the discountvouchers.com site, looks at a recent UN report that claims that rising sea levels from global warming may devastate small islands.
A climate change insurance fund is being called for by small island states. This comes following the UN’s report that increasing sea levels may render whole nations uninhabitable.
The study was aimed at assessing the impacts of global warming on sea levels. It found that the Caribbean seas could rise by as much as 6.5 feet before the end of the 21st century. It also warned of increases in storm surges and hurricanes.
The Oxford University research team believes that 260,000 people would be displaced from the islands. They also suggest that one million people would be at risk from flooding while billions of dollars would be lost in tourism.
As 194 nations converge in Cancun for the newest UN talks on global warming, small island states are calling for help.
Vice Chairman of the Association of Small Island States, Antonio Lima, has said whole nations could be washed away.
He mentioned that the people of Tuvalu, the Maldives, the Marshall Islands and the Cook Islands sit only meters above current sea levels.
The small island states are urging for cuts in emission to combat global warming. They are also calling for an insurance fund, so that in the event of a disaster money will be available for aid.
The group of forty islands believes that the money spent on setting up the fund would be far less than that required to deal with an unexpected disaster.
Climate Change and Energy Secretary, Chris Huhne, said a global insurance fund would be considered as a means of funding.
For the original report go to http://www.discountvouchers.co.uk/news/86733535.html