Tag Archive
UN climate fund risks becoming ‘a closed bank’, warns NGO
The World Bank is a leading heavyweight in development investment, presiding over US$30 – $40 billion per year. Inaugurated last summer, the Green Climate Fund (GCF) could soon dwarf that portfolio. It is estimated that by 2020 it will be channelling US$100 billion a year in climate finance to developing countries – to help arrest… Read more »
China, US to form group on climate change
The United States and China are to set up a joint working group on climate change and have a shared view on the “increasing dangers” of global warming. The two countries “recognize that the increasing dangers presented by climate change measured against the inadequacy of the global response requires a more focused and urgent initiative”,… Read more »
Obama Vows to Bypass Congress on Climate Change
In his State Of The Union address on February 12, Obama made it clear that action by the federal government on global-warming legislation will be a major priority in his second term. He declared that “for the sake of our children and our future, we must do more to combat climate change.” Obama went on to… Read more »
Green Climate Fund
At COP 16, Parties, in decision 1/CP.16 established a Green Climate Fund (GCF) as an operating entity of the financial mechanism of the Convention under Article 11. The GCF will support projects, programmes, policies and other activities in developing country Parties. The Fund will be governed by the GCF Board. The assets of the GCF… Read more »
Climate treaty priority for Obama in second term
As leaders in Washington obsess about the fiscal cliff, Obama is putting in place the building blocks for a climate treaty requiring the first fossil- fuel emissions cuts from both the U.S. and China. State Department envoy Todd Stern is in Doha this week working to clear the path for an international agreement by 2015…. Read more »
Modest climate aid disappoints developing nations.
Developed nations are disappointing developing countries with pledges merely to continue aid to help them combat climate change in 2013 despite past promises of a tenfold surge to $100 billion a year by 2020. “There should be a transparent process to scale up said Seyni Nafo of Mali, spokesman for the 54-nation African group at… Read more »
Qatar- Al Attiyah Stresses Importance of 2nd Sustainable Development Dialogue
Chairman of Qatar’s Administrative Control and Transparency Authority (ACTA), HE Abdullah bin Hamad Al Attiyah, who is also the President of the Climate Change Conference (COP18), said Friday that the second ministerial dialogue on sustainable development, currently held in Tokyo, Japan presents an ideal opportunity to underscore a couple of fundamental issues that would contribute… Read more »
UN Considering Global Carbon Taxes
You’d think that any report with a skull and a dollar sign on its cover would provoke a smidgin of media skepticism, but it seems that the word “climate” — especially when combined with big, scary numbers — still has the power to deep-six objectivity and bring out the axe-swinging crusader in many journalists. A… Read more »
Senate to EU: US airlines won’t pay carbon tax
The Senate unanimously passed a bill on Saturday that would shield U.S. airlines from paying for their carbon emissions on European flights, pressuring the European Unionto back down from applying its emissions law to foreign carriers. The European Commission has been enforcing its law since January to make all airlines take part in its Emissions… Read more »
We still want Green Climate secretariat
Minister of Environment and Tourism, Hon. Netumbo Nandi-Ndaitwah this week reiterated Namibia’s commitment to host the Secretariat of the Green Climate Fund of the United Nations Framework Convention on Climate Change (UNFCCC). “As the race to host the Fund’s Secretariat intensifies, the government has become aware of maliscious allegations that Namibia is to withdraw its… Read more »
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