Green Climate Fund ready for lift-off but still lying empty
Joint Media Reaction by Oxfam, CAN Europe, APRODEV, CIDSE
[Brussels, February 21, 2012] – NGOs welcome the renewed resolve expressed by European Union Finance Ministers today  to help developing countries adapt to climate change and curb carbon emissions. Environmental and development groups now call on EU Member States to find the resources to make their pledge a reality.
Meera Ghani, Senior Policy Officer for Climate Finance at Climate Action Network (CAN) Europe, commented, "We are happy to see Finance Ministers support efforts to get the Green Climate Fund up and running. However, without significant financial contributions, the Fund remains an empty shell. While some countries like Denmark have already made contributions, we need a reliable and predictable flow of money going into the Fund,” Ghani continued. “All EU member States must make substantial pledges before the next UN climate conference (COP18) in Qatar, at the end of this year."
Lies Craeynest, Oxfam’s EU climate change expert, said: "It is good news that Ministers have reaffirmed Europe’s willingness to raise cash from international aviation and shipping for climate action in poor countries. Now they must rally around a proposal that can win global agreement by minimizing the unfair costs imposed on these countries. Poor people on the front line of climate change cannot afford yet another year where Europe barely makes any progress on finding new sources of finance to help them cope with devastating climate impacts, ”she added.
Reacting to the meeting, Karen Schack Andreassen, Policy Officer at APRODEV, said: “Durban achieved remarkable steps on climate finance. As a next step, we now need the EU and other developed countries to identify a pathway for scaling up finance by 2020. Otherwise, there is a clear risk that there will be a gap in financing in 2013 when the initial finance pledges end.”
CIDSE Climate Officer Emilie Johann added, “Ministers make no mention of one vital issue: long- term climate finance should not be taken from development aid or prior climate commitments. We encourage the EU to ensure this money will be new and additional in order to respond adequately to the scope of the climate emergency and avoid putting other development goals at risk.” Johann continued, “A tax on financial transactions could mobilize huge amounts of money for the fight against poverty and climate change at no cost for the ordinary taxpayer.”
 Reiterating pledges made in Copenhagen, in Cancun (2010), developed countries committed to providing US$30 billion of new and additional “fast start climate finance” for the period 2010-2012, with a balanced allocation between adaptation and mitigation, increasing to US$100 billion per year starting in 2020. The Cancun Agreements established the Green Climate Fund to channel these resources.
For more information, please contact:
Meera Ghani, CAN-E Senior Policy Officer, +32 2894 4673, firstname.lastname@example.org
Vanessa Bulkacz, CAN-E Communications Manager, +32 494 525 738, email@example.com
Karen Schack Andreassen, APRODEV Climate and Development Policy Officer, +32 2234 5662, firstname.lastname@example.org
Oxfam's GROW campaign to create better ways to grow, share and live together
Climate Change blog
Photo of the wk: Young Ahmed holds the keys to 1 of 48 new wash blocks, Zaatari camp #Jordan http://t.co/qOs5BOPh63 #Syria #refugees19 hours 25 min ago
1000s homeless again, searching for safety as violence erupts again in eastern #DRC http://t.co/C3cLwXNit3 $1bn WorldBank aid pledge20 hours 45 min ago
UN Disaster Risk Reduction Conference: Good, but needs to go further http://t.co/Hm54O1EsXT #GPDRR13 #drr @UNDP @unisdr @odi_development21 hours 50 min ago
European #taxhavens are 2/3 of the $150 billion tax loss problem http://t.co/jax7i3jVsd #G8 #taxdodging #transparency23 hours 30 min ago
Thx @Food_Tank! Proud 2b in 40 Orgs Shaking Up the Food System list @IFADnews @millenniuminst @OneAcreFund @ONECampaign @rocunited @FAOnews1 day 1 hour ago
RT @oxfamgb: Good news of £30m extra funding from @DFID_UK for #Syria. Still need more aid from others & big push for a peace. http://t.co/…1 day 1 hour ago
US pushes Europe to amend arms #embargo on Syrian rebels http://t.co/B8KYe8VNQn #SyriaCrisis @StateDept @WilliamJHague @eu_eeas @OxfamEU1 day 2 hours ago
+80,000 ppl have been killed & several million displaced since the #SyriaCrisis began; #EU must extend arms embargo http://t.co/JlpzH9egf71 day 2 hours ago
RT @Katie_Nguyen1: Another arresting headline from @katymigiro 'Chips for sex: Oxfam explores the lives of #Kenya’s hungry millions' http:…1 day 3 hours ago
RT @liviafirth: 1 empowered woman can spark a positive change for her whole community @Oxfam @thecircle_oxfam #SparksthatFly @eco_age1 day 3 hours ago
RT @Karl_Schembri: #Syria children nxt to newly installed water tap outside 1 of 48 new wash blocks by @Oxfam in #Zaatari Camp, #Jordan htt…1 day 4 hours ago
The #ArmsTreaty can create a safer future for millions, but first it needs signatures. Urge the US to sign! http://t.co/4YUsIawus71 day 5 hours ago
#EU foreign ministers must bite the bullet & extend the arms #embargo on #Syria http://t.co/rL80yARiSt #SyriaCrisis #ArmsTreaty1 day 12 hours ago
RT @OxfamIreland: Ireland pledges €2.5 million in aid to Mali to contribute to reconstruction http://t.co/wvUzsRsHoD via @IrishTimes #Mal…1 day 19 hours ago
As @UN Disaster Risk Reduction Conference ends, worth checking #GPDRR13 for great tweets from @unisdr @UNOCHA @Federation et al1 day 20 hours ago