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1%, 2%, 5%, why not 50%?

Africa is about to turn up the heat on the climate conference by demanding that the developed nations sets aside 5% of their GDP and gives it to them, to compensate them for the effects of global warming.

Some countries gives 1% of their GDP in contributions to develop and aid underdeveloped countries, the UN draft suggested a 2% levy on developed nations GDP, and now, Africa demands 5%. Continue reading

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