Help developing nations on climate change: PM tells West

New Delhi, Mar 31 (UNI) Prime Minister Manmohan Singh today asked the international community to consider creating financial mechanisms that would promote environment friendly technologies and transfer of such knowledge to developing countries to deal with the challenge of global warming and climate change.

Such mechanisms would also encourage environmentally sustainable development, Dr Singh said while addressing a meeting to discuss a Strategy Paper on Climate Change prepared by Lord Nicholas Stem, Professor at the London School of Economics, according to an official statement.

Dr Stem endorsed the Prime Minister's proposals made at the G-8 Summit at Heiligendamm, Germany, last year. He commended India's efforts to understand and address the challenge of climate change.

The Government is awaiting the National Action Plan on Climate Change to be drawn up by the Prime Minister's Council on Climate Change.

The meeting was attended by Finance Minister P Chidambaram, Science and Technology Minister Kapil Sibal, Planning Commission Deputy Chairman Montek Singh Ahluwalia, Infosys chief Nandan Nilekani, Dr Nitin Desai, Dr Kirit Parekh and officials of the Prime Minister's Office and Ministry of Environment and Forests.

UNI SN MSJ AS1745