Gordon Brown calls for global climate fund

Telegraph
31.03.2010
By Louise Gray

Gordon Brown calls for global climate fund

Gordon Brown is attempting to get international climate change negotiations back on track by pushing for a multi-billion fund to help the countries worst affected by global warming.

United Nations talks in Copenhagen in December ended in a weak Accord that agreed all countries will work together to try and keep global temperature rise below 2C (3.6F).

The target will be met by investing £6 billion per annum from this year in helping poor countries to cut greenhouse gas emissions and £60 billion from 2020.

But questions remain on how the money will be raised.

The Prime Minister will meet with leaders from Ethiopia and Guyana as well as high level bankers and businessmen to discuss options including a tax on aviation and shipping or the “Robin Hood” tax on banking.

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Irish Times
31.03.2010

Climate pledges too weak - UN

More than 110 countries have signed up to the Copenhagen Accord on fighting global warming but the United Nations said today that their pledges for cutting greenhouse gas emissions were insufficient.

The first formal UN list of backers of the deal, compiled since the text was agreed at an acrimonious 194-nation summit in December, showed support from all top emitters led by China, the United States, the European Union, Russia, India and Japan.

It also includes smaller emitters from Albania to Zambia.

The accord, which falls short of a binding treaty sought by many nations, sets a goal of limiting global warming to below 2 degrees Celsius above pre-industrial times. But it leaves each nation to set its own targets for 2020.

Yvo de Boer, outgoing head of the UN Climate Change Secretariat which compiled the list, said pledges for cutting greenhouse gas emissions so far fell short of that goal.

“It is clear that while the pledges on the table are an important step towards the objective of limiting growth of emissions, they will not in themselves suffice to limit warming to below 2 degrees Celsius,” he said in a statement.

The accord also outlines almost $10 billion a year in aid for poor countries from 2010-12, rising to at least $100 billion from 2020, to help them slow emissions growth and cope with impacts such as floods, droughts and rising sea levels.

Mr De Boer said the accord could be used to help advance formal negotiations towards a successful outcome in Mexico, which will stage the next UN climate conference of the world’s environment ministers in Cancun in late 2010.

The Secretariat said that 112 parties - 111 countries nd the European Union - had so far signed up for the accord. The list of 111 includes the 27 individual EU states.

Many emerging economies were initially reluctant to sign up after the deal failed to gain universal support, even though the original text was worked out by US president Barack Obama with leaders of states such as China, India, Brazil and South Africa.

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