User:Mrchris/Copenhagen climate conference, Financing

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{{developing}} Wednesday, December 9, 2009


The United Nations Climate Change Conference (COP15)

A major aspect of the negotiations is financing of mitigation and adaptation to climate change in developing countries. Top climate negotiator Yvo de Boer said that the talks are about the amount of money needed from the developed countries. Another important issue according to him is “how do we allocate the still limited resources”. Billions of dollars in aid and technology to help poorer countries limit their emissions will be needed. Quoting an unnamed diplomatic source, the Financial Times Deutschland has said the EU is to provide “1-3 billion euro” in aid to developing countries over the next three years so they can fight the effects of climate change and allow climate change mitigation and adaptation.

Ibrahim Mirghani Ibrahim of Sudan, speaking on behalf of the Group of 77 and China said, "So far we have not seen any real leadership" from rich nations. Developing nations including small island states, which are most vulnerable to rising sea levels, are demanding more action. Dessima Williams, of Grenada, speaking on behalf of small island states at risk from rising seas, said the group "will not accept a made-for-television solution...We are here to save ourselves from burning and from drowning."


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[([)Category:World]] [([)Category:United Nations]] [([)Category:Climate]]

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