Enigin Business Opportunity As Brazil Creates United Fund For Poor Nations
Brazil is going to suggest the creation of a united fund with China, South Africa and India, in the aim of helping poor countries adapt to global warming, and more broadly, in an attempt to revive stalled global climate talks.
The creation of a fund to help poor nations sustain themselves in the face of climate change and its consequences will lead to those countries being able to invest in new technology and systems which will enable them to adapt, such as energy saving measures.
Companies such as Enigin PLC, who specialise in the field of energy efficiency, can deliver energy saving solutions worldwide to enable countries to achieve a reduction of carbon emissions and of spendings. If poor countries receive funds to face climate change, their businesses will be able to implement energy efficient technology (which Enigin provide for lighting, air conditioning, refrigeration and motor driven production facilities) which in turn will save them a lot of money, thereby improving the general economy.
Using Enigin energy saving products also results in a considerable reduction of harmful emissions, via the decrease of energy consumption. Businesses all over the world can save money on a daily basis by replacing their inefficient, excessively energy-consuming appliances with energy efficient products such as Enigin PLC's.
Enigin distributors can supply their products and services anywhere in the world, and with initiatives such as this united funding aid, Enigin partners are presented with a great business opportunity. Demand for energy efficient technology is expected to increase significantly, as countries who are most likely to be hardest hit by climate change consequences will be seeking to switch to energy efficiency in order to reduce their emissions and save money on energy bills.
Carlos Minc, Brazil's Environment Minister, announced yesterday that he would put his proposal forward during a special climate summit held in New Delhi this weekend, and involving the 4 key emerging market nations.
Minc comments: "Its purpose will be to help very poor countries adapt to climate change." Mr. Minc also added that China has already expressed interest in the project.
At the closure of the Copenhagen conference on climate change last month, a somewhat disappointing outcome was reached: Brazil, South Africa, India and China (a group dubbed BASIC) came to a non-legally binding accord, on broad principles, with the USA.
The main concern for several poor countries is that richer nations are not offering a sufficiently high emissions cut target, and that not enough technology and financing would be attributed to them to adapt to climate change.
The meeting in New Dehli would aim to deliver more concrete solutions for poorer countries, while highlighting the needs of richer nations to achieve better results, particularly America.
"The resources we'll put into it will call attention to how they are escaping their responsibilities," Minc said evasively.
Rich countries had pledged $30 billion in climate change funding for the 2010-12 period and set a goal of $100 billion by 2020, which represents a small percentage of the efforts that developing countries had hoped for.
Minc affirms that failure by the U.S. Senate to pass a climate control bill would further hamper chances for a post-Copenhagen deal this year and tarnish President Barack Obama's leadership on the issue.
The future of the bill looked uncertain after the Democrats lost a key Senate seat in Massachusetts to the Republicans this week.
According to Mr. Minc, since Copenhagen failed to provide a road map, groups such as the European Union and the BASIC bloc need to have unified positions to accelerate talks between one another.
Brazil, South Africa, India and China would try to standardize their emission targets using the same measurements, Minc said. Brazil aims to cut its emissions as much as 39% by 2020, while China pledged to cut CO2 produced for each unit of economic growth by 40-45% by 2020.
With ambitions and targets set so high, business opportunities are due to continue flourishing for Enigin distributors. This time of great concern regarding climate change makes right now the best time to join Enigin and take advantage of this unprecedented opportunity.
