Tag: Austria

Missing Money for the Green Climate Fund earns first Fossil from Lima Climate Talks

COP20, Fossil of the Day, Day 1

The first Fossil of the Day in Lima at the UN Climate Talks goes to Australia, Belgium, Ireland, Austria, Iceland, Greece and Portugal for being the only developed countries who have so far failed to contribute to the Green Climate Fund. After a string of encouraging initial contributions, it seems a few free-riders within Annex 2 believe they are off the hook on this one. Their intransigence translates into several billions of dollars missing in the fund’s coffer - that’s money not being spent helping developing countries reduce their pollution and adapt to climate impacts. This is not acceptable and stands to jeopardize the Paris agreement, under which all countries are expected to take action. To the free-riding ministers: Don't forget to sign your check before you land in Lima.

 

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Close the logging loophole now

Most developed countries came to Copenhagen asking the world to ignore planned increases in greenhouse gas emissions from logging and erase them from the books. It was a proposal that never deserved to see the light of day at a climate conference. Now it has to be put to rest.

The Climate Action Network has developed and proposed to negotiators a reasonable, technically sound and objective way to close the logging loophole: Account for all changes in forest management emissions compared to the average level of emissions between 1990-2007. It is so simple and so obvious that it’s boring.

It is imperative this loophole is closed if we are to have an agreement with environmental integrity. Closing this loophole will also strengthen overall targets by nearly 4%.

Will developed countries make this most basic commitment to environmental integrity or will they insist on keeping increased forestry emissions out of accounting even though they are in the atmosphere.

Austria, Australia, Canada, Finland, Japan, New Zealand and Sweden – ECO is looking right at you.

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