(This article was originally published here) Polluters must stop delaying the settlement of carbon emission cut and climate finance disbursement for vulnerable nations in the name of negotiation, a discussion was told yesterday. “The negotiations between the polluters – mostly industrialised countries – and the vulnerable countries has been happening for years. Yet, there are no specific road map that …
Campaigners warn of climate finance corruption risk
(This article has been originally published here) Countries like Bangladesh and the Maldives need cash to deal with global warming, but have a poor record on transparency A pillar of an anticipated UN global pact in Paris is financial support for poor countries to cut carbon and climate-proofing. Those launch solar farms in Ethiopia or build sea defences in the cyclone-battered Maldives. …
Tracking climate finance
(This article has originally been published on The Daily Star and can be accessed here) At the global level, developed countries have pledged to provide $100 Billion every year starting from 2020 to developing countries to tackle climate change through both adaptation as well as mitigation activities. They have also agreed on setting up a new Green Climate Fund (GCF) …
A tale of broken promises – finance and the UN climate talks
(This article was originally published on RTCC.org, available here) Least developed countries deserve more support in the face of evident and increasing threats, says expert In Lima we celebrated the crossing of the 10 Billion US Dollars mark in terms of pledges to the Green Climate Fund (GCF) and we even saw a contribution of 50 Million Euros to the Adaptation …