5th November 2010
A UN High-Level Advisory Group set up to analyse how to raise urgently needed climate finance announced details of its report today.
A new report from the UN’s High-level Advisory Group on Climate Change Financing (AGF) shows that raising the public money to help poor countries protect themselves from climate change is possible without costing the taxpayer, Oxfam told the UK government today.
Recommendations Downplay Role of Public Finance, Rely Too Much on Private Finance
A new report on climate change financing options released today by a U.N. Advisory Group unwisely emphasizes carbon markets and other private finance options, while irresponsibly advocating an increased role for multilateral development banks (MDBs). Despite concluding that public sources of climate finance are available and promising, the report’s findings downplay the role that public finance can and must play in helping developing countries deal with climate change.
New York – 4 November 2010—Responding to the publication of the report of the UN Secretary General’s High Level Advisory Group on Climate Change Finance (AGF), Steve Herz of Greenpeace International said: “Developed countries now have no excuse to delay meeting their promise to raise $100bn a year by 2020 to support climate action in the developing world.
New York, USA: A high level analysis of climate finance submitted to the UN today has demonstrated the feasibility of putting up by 2020 US$100 billion a year in public funding to fight climate change.
According to WWF, this conservative analysis by the special High-level Advisory Group on Climate Change Finance (AGF) sets the stage for a finance agreement to come out of the UN climate summit starting late this month in Cancun, Mexico.
October 6, 2010
Building Blocks for a Cancún Package
Presentation by CAN International
[Tianjin, China] CAN International will propose and detail a package of achievable
and fair decisions for countries to adopt at the upcoming UNFCCC talks in Cancún,
Mexico, on Wednesday, October 6, 18:00 – 19:30, in room Yinchuan, Meijing
Conference Centre, Tianjin, China.
Parties to the talks currently underway in Tianjin, China, are increasingly calling
for adoption of a “balanced package” in Cancún. The Building Blocks proposal
by CAN International details the components that could plug into such a feasible