Tagged: Climate Change
Big business is pressuring the EU to water-down its climate ambitions including, most particularly, around the key issue of auctioning carbon permits, says international agency Oxfam. If the EU buckles, it will fail to deliver on its own objectives of avoiding global warming above 2°C.
Poznan, Poland—Negotiators at the UN climate change talks must urgently endorse innovative market-based mechanisms to find enough money for developing countries to adapt to the current and worsening effects of climate change, said international agency Oxfam today.
Europe will face major embarrassment at international climate change talks next week if it fails to live up to its commitment to tackle global warming, environment and development groups warned today.