Essay: Environmental funds debate
Donor nations as leading polluters
According to Oxford business group, (2011), industrial revolution came long with so many benefits that made the world forget about its negative impacts. Countries now classified as developed are the major beneficiaries of this old phenomenon that caused a lot of environmental harm. These countries are the major emitters of green house gases namely methane and carbon dioxide that have had a very negative effects such as increasing global temperatures. The plain truth is that developed countries contribute the highest amount of these gases.
The US for instance was the largest emitter of carbon dioxide in 2006 as China tops the chart since 2006 despite existence of the Kyoto protocol of which United State has declined to sign up to hitherto (Marquita, 2010, p. 43). Amazingly, the gases emanate from exports manufacturing industries. On the other hand, Africa combined only contributed only 2-3 percent of green house gases.