An expected outcome of the climate conference is an increase in the sources of revenue for the Adaptation Fund - the Kyoto Protocol’s only fund for enabling developing countries to adapt to climate change.
According to developing countries, as well as most civil society observers including Friends of the Earth International, the size of the Adaptation Fund is woefully inadequate. Despite calls for additional funds to be raised for a number of years, the EU, New Zealand and Norway have been avoiding the issue in Poznan by pushing back the deadline for committing money.
Friends of the Earth International Climate and Energy Campaigner Stephanie Long said: "Poorer countries face an increase in storms, floods, famines and droughts due to climate change, yet the pot of money that rich countries have put aside to deal with this is almost empty.
"The Adaptation Fund was finally agreed and established one year ago. Yet to date, developed countries have pledged less than US $300 million to it, a tiny fraction of the US $86 billion the UN says is needed. "To get a strong and fair deal in Copenhagen there must be trust between industrialised and developing countries – rich countries dodging their obligations on adaptation could jeopardise the whole agreement."
Posted on 4th December 2008
IEMA reacts to IPCC report: AR6 Climate Change 2021
- 9th August 2021
IEMA reacts to CCC Progress report to Parliament
- 24th June 2021
IEMA reacts to Climate Change Committee Report
- 15th June 2021
IEMA Reacts to Queen’s Speech
- 11th May 2021
Enhancing Scotland’s EIA Community - Scotland’s EIA Conference 2021 moves online
- 22nd April 2021
IEMA launches senior management briefing on how organisations can benefit from effective environmental auditing
- 29th March 2021