Carbon budgeting is a project currently carried out by nearly all the countries in the world today. It is closely linked to the carbon trade concept which simply refers to the contributions of all the major industrial powers to the provision of a green economy. In other words, carbon trading is a situation in which all the developed nations contribute a share of their budget to clean the environments. Since it these countries which greatly contributes to the environmental pollution, it is incumbent upon them to allocate resources to ensure that they clean the environment. Typically, the emission of green gasses is mainly done by the developed countries. However, they do not suffer from their effects since the most affected victims are the vulnerable people from the Less Developed Nations (Helm, D., 2005).
According to the Kyoto Protocol of 1997, all the 38 industrialized countries are supposed to provide funds to be used in the cleanliness of the environment. However, this does not imply that they should spend the money in their home countries. Instead, these funds should be sent to these developing nations to be used in the process of cleaning their environment. In other words, the money is used in the planting of more trees. It is only through this exercise that more forests can emerge to be used as cleaning agents of these places.
Despite the fact that each country has its own internal policies regarding this matter, it is important to note that they are all obliged to adhere to the terms of Kyoto Protocol which are quite categorical and precise in this matter. Since humanity has failed to observe environmental ethics, it is undoubtedly accepted to assert that the biodiversity has suffered a lot because of these perceived anthropogenic destructions done to the ecosystem.
Carbon budgeting is necessary because it is the only way through which people can be salvaged from the harmful effects of such irresponsible use of the natural resources. As already highlighted, it is only the poor people who suffer from the effects of green gas emissions done by the rich North. Failure to avert this problem has led to global warming which has resulted into unpredictable weather patterns normally characterized by increased temperatures, droughts and floods. These have, in one way or another, caused a perpetual hunger and diseases such as cancer which have of course led to the loss of many lives.
As was explained in the Kyoto conference, it is the third world countries which greatly feel the pains of green gas emissions because of their vulnerability. A part from being extremely poor, they are more vulnerable since they can not adequately protect themselves from the effects of such degradations (Smith, S., 2008). In other terms, it is only those who do not contribute to the pollution who suffer most from the effects of the destructions. This is what compels the major contributors to channel a large portion of their budget to sponsor this exercise.
A lot of money should therefore be sent to the developing countries to help the in planting a lot of trees. If this is properly done, there will be a large area under forest coverage. Hence, the environment will be cleaned from the green gas emissions. If this is done, life will be better because these people will be saved from their problems such as wars which are always attributed to pollution. It is generally accepted that these people often fight for the few resources such as food which have become scarce because of climate change (Nordhaus, W., 2007).
On the other hand, carbon budgeting may entail carrying out of cleanliness activities within the polluting countries. This means that the governments which are responsible for green gas emissions should launch environmental protection programs aimed at reducing such emissions within their territorial borders. They can carry out initiatives such as stopping certain projects which are believed to be the chief source of pollutions. At the same time, stringent regulations can be enforced to advocate for Environmental Impact Assessments before establishing any project which may be a recipe to environmental pollution.
If funds are channeled to the Third World Countries as a carbon trading initiative, deliberate efforts must be taken to ensure that they are used in a right manner. Nobody should be any opportunity to misappropriate them (James R.F., 2010). They should not be spent in a selfish manner. Instead, it should be known that this is a kind of project done for the benefit of the entire world to cater both for the current and future generations.
Similarly, carbon budgets can be used for providing environmental education to the people. Even if man is the chief source of pollution in the world today, it must be accepted that most of their activities are conducted because of ignorance. Many people are not aware of the environmental ethics which demand that the environment should be used sparingly in a sustainable manner in order to provide a sustainable economic growth. Life is a cyclic continuous process which involved successive generations. However, none of them should suffer because of the irresponsible consumption of others (Glasson, J. et al., 2007).
In this regard, I would like conclude by agreeing with the fact environmental consciousness is the most important tool which everyone should be armed with. No one should be selfish in the use of natural resources since they are essential for the life of the entire biodiversity. Deliberate efforts must be taken to ensure that pollution is eliminated. Otherwise, adequate funds should be provided through the carbon budget initiative to ensure that all the emissions generated so far; are eliminated.