Tagged: climate fund
Governments must move quickly at this year’s first UN climate change meeting to plug the gaping deficit of funds to help developing countries adapt to climate change and lower their emissions.
A new report published today by Oxfam and WWF argues that a proposed deal to apply a carbon price to international shipping should be at the heart of the agreement at the UN climate change conference in Durban, South Africa, later this year.
For the past year we have all operated under the hangover of Copenhagen: the disappointment, suspicion, scepticism and disorientation. And while there was so much more that could have been accomplished at Cancun, the other side of these talks is a better place to be.
UN climate talks are off the life-support machine, following a last-minute agreement that gives the Kyoto Protocol a lifeline. It establishes a global Climate Fund and, while falling short of the emissions cuts needed, lays out a path to move towards them.
National self-interest and brinkmanship must not be allowed to sabotage the Cancun climate talks and risk reversing the progress made over the past two weeks, warned Oxfam on the penultimate day of the increasingly volatile Summit.