climate change
exculsive.......guardian .
Rich failing to help fund poor countries' climate fight, warns UN secretary general
Exclusive: António Guterres says key promise of $100bn funding will be missed, damaging trust in Paris deal.
climate change
Rich countries will miss a key promise they made to the poor world on the climate crisis by failing to provide the money necessary for them to cope with its effects, damaging the prospects for global action, the UN secretary general has said.
Developing countries were supposed to receive at least $100bn (£75bn) in financial assistance from public and private sources this year and in future years to help them cut greenhouse gas emissions and deal with the ravages of extreme weather. The promise was one of the cornerstones of the 2015 Paris agreement and will be a key element of next year’s Cop26 climate talks.
But the funding this year will fall short of the longstanding pledge, which will have a damaging impact on the trust that developing countries place in the Paris agreement, António Guterres told the Guardian.
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The secretary general said: “It is clear we are not yet there [on the $100bn target]. In 2020 this will not happen. All the indications I have are that in 2020 we would be below that level of support from the developed world to the developing countries in climate finance both for mitigation [of emissions] and adaptation [to the impacts of climate change], from public and private sources.”...
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Rich failing to help fund poor countries' climate fight, warns UN secretary general
Exclusive: António Guterres says key promise of $100bn funding will be missed, damaging trust in Paris deal.
climate change
Rich countries will miss a key promise they made to the poor world on the climate crisis by failing to provide the money necessary for them to cope with its effects, damaging the prospects for global action, the UN secretary general has said.
Developing countries were supposed to receive at least $100bn (£75bn) in financial assistance from public and private sources this year and in future years to help them cut greenhouse gas emissions and deal with the ravages of extreme weather. The promise was one of the cornerstones of the 2015 Paris agreement and will be a key element of next year’s Cop26 climate talks.
But the funding this year will fall short of the longstanding pledge, which will have a damaging impact on the trust that developing countries place in the Paris agreement, António Guterres told the Guardian.
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The secretary general said: “It is clear we are not yet there [on the $100bn target]. In 2020 this will not happen. All the indications I have are that in 2020 we would be below that level of support from the developed world to the developing countries in climate finance both for mitigation [of emissions] and adaptation [to the impacts of climate change], from public and private sources.”...
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