Finance
Many developing countries lack the resources to properly address the profound challenges of the climate crisis. Developed countries have long promised to provide support to help developing countries limit their emissions and adapt to the impacts of climate change. Yet for the most part, the assistance that has been provided to date has been inadequate to meet the challenge.
The CAN Finance Group coordinates advocacy and policy work around the need to rapidly scale up support for climate action from developed countries directly, and through new, innovative sources of finance. The group’s main focus is to ensure that sufficient support is available for developing countries to reduce their emissions as required to stay below global warming of 1.5ºC, and to help countries adapt to climate effects that are already inevitable.
Towards this end, the group works to strengthen financial commitments within the UNFCCC and other venues, and to ensure that the Green Climate Fund is an effective and appropriately funded vehicle for delivering climate support to developing countries.
For more information, contact:
Eddy Pérez, Climate Action Network Canada: eddy[at]climateactionnetwork[dot]ca
Iskander Erzini Vernoit, E3G: iskander.erzini.vernoit[at]e3g[dot]org
Leia Achampong, Eurodad: lachampong[at]eurodad[dot]org
