Fuel to Change - Overcoming Vulnerability to Rising Oil Prices

Published on 25 Oct 2007
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Document Summary

The report examines how oil price rises are affecting the Asia-Pacific region’s poorest people. It proposes establishing an Asia-Pacific Compensatory Oil Finance Facility for LDC's and small island developing states to: help tide poorer countries over the immediate balance of payments or fiscal deficits provoked by the oil price hike; enable countries to invest in alternative forms of energy.

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