Rich nations failing to keep Copenhagen promise
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The paper – published by the International Institute for Environment and Development (IIED) – includes a five-point plan to enable developed nations to fulfil their pledges and build the trust needed to advance the next session of UN climate change negotiations, which begin on 29 November in Cancún, Mexico.
‘In last December’s climate summit in Copenhagen the developed countries committed to provide developing nations with US$30 billion between 2010 and 2012, with the money balanced between funding for mitigation and adaptation projects,’ says Achala Chandani of IIED. ‘Our research shows that the developed countries have failed to meet their responsibility to help poorer nations.’
The research shows that funding pledges made since the Copenhagen meeting are far from balanced, with very little earmarked for projects that would enable developing nations to enhance their resilience to climate change impacts on agriculture, infrastructure, health and livelihoods.
‘Only US$3 billion h...
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