(This article originally published here) Earlier this month in Bonn, Germany, the United Nations Framework Convention on Climate Change (UNFCCC) held its last round of talks to prepare the text for the Climate Change Summit to be held in December in Paris, France to finalise a new Paris Agreement at the 21st Conference of Parties (COP21). The draft of the …
Loans or grants for climate finance?
(Article originally published here) As we approach the Paris climate summit in December the topic of climate finance is becoming more pressing. It was a major topic of the recent IMF meeting in Lima, Peru and will require the involvement of ministers of finance rather than environment to make decisions. The good news is that a political commitment of $100 …
The next phase in the global battle
(Article originally published on The Daily Star here) The recent award of Champion of the Earth conferred upon Prime Minister Sheikh Hasina by the United Nations Environment Programme (UNEP) is a fitting recognition of her personal achievements, as well as that of the government and people of Bangladesh, in being a pioneer among nations in tackling climate change in particular. …
Campaigners warn of climate finance corruption risk
(This article has been originally published here) Countries like Bangladesh and the Maldives need cash to deal with global warming, but have a poor record on transparency A pillar of an anticipated UN global pact in Paris is financial support for poor countries to cut carbon and climate-proofing. Those launch solar farms in Ethiopia or build sea defences in the cyclone-battered Maldives. …
Tracking climate finance
(This article has originally been published on The Daily Star and can be accessed here) At the global level, developed countries have pledged to provide $100 Billion every year starting from 2020 to developing countries to tackle climate change through both adaptation as well as mitigation activities. They have also agreed on setting up a new Green Climate Fund (GCF) …
A tale of broken promises – finance and the UN climate talks
(This article was originally published on RTCC.org, available here) Least developed countries deserve more support in the face of evident and increasing threats, says expert In Lima we celebrated the crossing of the 10 Billion US Dollars mark in terms of pledges to the Green Climate Fund (GCF) and we even saw a contribution of 50 Million Euros to the Adaptation …
