Third, more importantly, the industrialized countries should be able to provide necessary financial and technological support for developing countries.

UN: Secretary-General

Germany is among more than two dozen industrialized countries -- from Australia to Slovenia to Japan -- that require employers to offer four weeks or more of paid vacation to their workers, according to a 2009 study by the human resources consulting company Mercer.

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The reductions of industrialized countries would be more than offset by increases from developing countries.

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As countries like China and India become more industrialized, it's likely that their economies will also soak up more fresh water while contributing more pollution to existing water sources.

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Japan's total debt is already more than 110% of GDP, a ratio second only to Italy's among major industrialized countries.

CNN: ASIANOW - TIME Asia