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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Maldives saves for new homeland amid flooding fears: report AFP - Monday, November 10 LONDON (AFP) - - The Maldives' newly-elected president said in an interview Monday that his government will begin saving to buy a new homeland in case global warming causes the country to disappear into the sea. Beloved by tourists for their white sandy beaches, palm trees and clear waters, the 1,192 coral islands that make up the Indian Ocean country risk devastation by rising sea levels caused by climate change. Mohamed "Anni" Nasheed, who won the Maldives' first democratic presidential election last month, told The Guardian his government will start putting aside part of its billion-dollar annual tourism income in case the worst happens. "We can do nothing to stop climate change on our own and so we have to buy land elsewhere. It's an insurance policy for the worst possible outcome," he told the newspaper. He added: "We do not want to leave the Maldives, but we also do not want to be climate refugees living in tents for decades." Nasheed said he had already broached the subject with a number of countries and found them to be "receptive". India and Sri Lanka are targets because they had similar cultures and climates, while vast Australia was also an option. He told the newspaper he intended to create a "sovereign wealth fund" from the money generated by tourism, much like Arab states had with oil revenues. "Kuwait might invest in companies -- we will invest in land," he said. Outgoing president Maumoon Abdul Gayoom, Asia's longest-serving leader, launched a book in April to highlight the threat to the Maldives posed by global warming. He said at the time that they could only adapt to the problem by relocating citizens to safer islands. The alternative, building protective walls on the 193 inhabited islands, was too expensive. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Climate Change Maldives saves for new homeland amid flooding fears: reportAFP - Monday, November 10 South West residents reduce carbon footprint by using energy trackersChannel NewsAsia - Monday, November 10 New Zealand enters new era of conservative ruleAP - Monday, November 10 Party tussle ensnares Obama's global warming goalsAP - Sunday, November 9 Related Articles: Asia Pacific Chinese cancel Taiwan trips after violent protestsAP - 49 minutes ago China says no progress in talks with Dalai envoysAFP - 59 minutes ago Cambodian government mourns police chief's deathAP - 59 minutes ago TSMC posts weak Oct sales in chip downturnReuters - 1 hour 21 minutes ago Pakistan courts extend detention of money changersAFP - 1 hour 25 minutes ago Enlarge Photo Maldives saves for new homeland amid flooding fears: report Related Full Coverage climate change climate change All Full Coverage Most Popular – Asia Pacific Viewed Documents expose Prince William RAF training row: report G20 pledges 'all necessary steps' to restore stability In Obama's victory, Americans see legacy of Lincoln Porsche hits record results on the back of VW shares Obama: First pooch may be mutt 'like me' View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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