Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Green Climate Fund short-changed by rich polluting countries

Rich polluting countries such as Australia, Canada, the Netherlands and the US are short-changing poor countries by billions of dollars that they need to cut emissions and adapt to the climate crisis, says Oxfam. The two-day pledging conference to the Green Climate Fund begins in Paris today.

To date, developed countries have pledged $7.5 billion to the Fund to cover the next four-year spending period. This is just half of the $15 billion that Oxfam believes should be the target for the replenishment process in order to meet the growing needs of developed countries, with more than 300 potential project proposals in the fund’s pipeline.

• Canada, Austria, and the Netherlands have contributed a third of what Oxfam estimates to be their fair share.
• Australia has indicated that it will join the US and refuse to provide new funds in this round.
• Countries such as Japan, Italy, Switzerland, Belgium, Finland, Portugal, and New Zealand have yet to announce their contribution.

By comparison, Germany, UK, France, Norway and Sweden have doubled their contributions since the first funding round in 2014/15.

Armelle Le Comte, Climate and Energy Advocacy Manager for the Oxfam confederation said:

“The Green Climate Fund is a lifeline for poor countries that need help to cut emissions and adapt to an increasingly erratic and extreme climate. We urge all rich countries to contribute their fair share - their support could be the difference between life and death for poor communities that are struggling to survive on the climate front line.

“Global investments in oil, gas and coal supply and power generation topped US$933 billion in 2018 – we are spending 100 times more on fossil fuels than governments appear to be willing to put into the world’s flagship climate fund,” added Le Comte.

Oxfam New Zealand Advocacy and Campaigns Director Dr Joanna Spratt said:

“This Fund supports Pacific states and other developing countries to adapt and mitigate to a problem they did not cause, but bear the full force of. An ambitious and successful replenishment is essential for the GCF to continue its work as the largest funder of climate finance globally.

“Oxfam New Zealand is calling for our government to contribute at least US$30 million to the four-year replenishment. This falls short of what Oxfam has calculated as New Zealand’s fair share, at US$50-90 million, but is a long way above the US$2.6 million we gave last time,” Spratt said.

The Green Climate Fund was established in 2010 and will be the main multilateral channel through which rich countries can support poor countries to tackle the climate crisis. Over the past four years, more than 110 projects in developing countries have been allocated financial support from the fund for projects such as the expansion of solar power in Nigeria and Mali, the restoration of forests in Honduras, and the creation of more resilient agriculture systems in Bhutan and Belize.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Rationing Of PPE Gear, Masks And Everything Else

From the outset, the perceived need to ration our scarce resources seems to have driven the response to Covid-19. Rationing still appears to be limiting the ability of nurses and other frontline workers to access and routinely wear the PPE gear they need to do their job safely. Initially at least, we were also rationing the public’s access to Covid-19 testing. We also continue to pick and choose among the scientific evidence to justify advising the public against the need for them to wear masks…. If it hasn’t done so already, this trend will end up eroding public confidence in the Ministry of Heath assurances that hey don’t worry people, we have enough PPE gear, testing kits and masks to go around. Counter factual : if we’re rationing it, we haven’t got enough... More>>


 
 

Gordon Campbell: On The Ethics (and Some Of The Economics) Of Lifting The Lockdown

As New Zealand passes the half-way mark towards moving out of Level Four lockdown, the trade-offs involved in life-after-lockdown are starting to come into view. All very well for National’s finance spokesperson Paul Goldsmith to claim that “The number one priority we have is to get out of the lockdown as soon as we can”…Yet as PM Jacinda Ardern pointed out a few days ago, any crude trade-off between public health and economic well-being would be a false choice... More>>

ALSO:


Police Commissioner: Christchurch Terrorist Pleads Guilty

Police acknowledge the guilty pleas in the Christchurch Mosque attacks prosecution that were entered in the Christchurch High Court today. The guilty pleas to 51 charges of murder, 40 charges of attempted murder and one charge of engaging in a terrorist ... More>>

ALSO:

Transport: $54 billion Investment In Draft GPS 2021

The Draft Government Policy Statement (GPS) 2021 on land transport confirms that the Government will invest a record $54 billion in its balanced transport policy over the next decade. More>>

ALSO:

Gordon Campbell: On The Loss Of Abortion Safe Zones

No doubt, last night’s defeat of abortion law reform provisions that would have created safe zones around abortion clinics will be portrayed, by some, as a victory for free speech. It isn’t. It was a victory for bigotry and intimidation directed ... More>>

ALSO:

Gordon Campbell: On National's Regulation Crusade

Lets step back in time now, to simpler days and to simple-minded solutions. So…. if National gets elected, landlords will once again be able to evict tenants at will, raise rents anytime they like, and ignore the need to install a healthy standard of heating in the homes they put out to rent. This promised ‘bonfire of regulations’ is being done in the name of cutting red tape... More>>

ALSO:

SMC - Expert Reaction: PF2050 Strategy

DOC has released a strategy to reach Predator Free 2050, along with an action plan through to 2025. The predator-free goal focuses on three groups of mammals: possums, three species of rats, plus stoats, ferrets and weasels... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels