Developed nations which emit 70 percent of the global carbon emissions are held responsible for financing the proposed adaptation program, an international non-governmental organization said.

Developed nations which make up 15 percent of the global population emit 70 percent of the total carbon emissions blamed for climate change, Carbon Action Network (CAN) said in a press conference here Thursday.

The results of a study made by non-governmental organization Practical Action show the adaptation program will cost US$50 billion per year.

Adaptation is one of the key issues up for negotiation during the Bali conference.

Under the Kyoto Protocol, adaptation funds are raised on a voluntary basis from 2 percent levy generated from carbon trade projects for clean technology.

The funds were aimed to finance concrete adaptation projects in developing countries that signed the protocol.

"We need adaptation or we will die," Dinanath Bhandari of the Nepal Practical Action Network said.

The Nepalese people have begun to feel the impact of climate change caused by developed nations, he said.

Rachel Berger, climate change policy adviser working for the Practical Action, said rich countries are put under moral obligation to stop the injustice. "It is not only a matter of assistance but also of funding for poor countries to enable them to exist."

Any negotiation on adaptation funds should give priority to those in dire need, Rachel said. (*)

Source : Antara.co.id