UN's de Boer says investors tackling global warming while governments spar

The Associated Press
2/27/08

MONTE CARLO, Monaco:
Private companies will soon be investing more than governments in
cutting the production of greenhouse gases, the U.N.'s top climate
change official said Thursday.

Yvo de Boer said business efforts were good but also not enough —
and that only a binding international agreement on cutting carbon
emissions will make private sector efforts financially viable.

"Business is really beginning to take climate change into account,"
de Boer, executive secretary of the U.N. Framework Convention for
Climate Change, told The Associated Press. "There's a momentum building
in the finance community."

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