Article KE80 Climate change: western states fail to fulfil pledges to developing countries

Climate change: western states fail to fulfil pledges to developing countries

by
Karl Mathiesen
from on (#KE80)

Billions were pledged to help poor nations adapt to global warming but trust is eroding as countries such as the US fail to put up the cash

The US and other countries need to pay up their $5.8bn of outstanding pledges to help developing countries to cope with climate change or risk derailing already fragile climate talks, the head of the UN's Green Climate Fund has said.

Dozens of NGOs, governments and development agencies were queuing up to put to work a total $10.2bn in promised finance, said GCF executive director Hela Cheikhrouhou. Already 20 organisations have passed through the fund's accreditation process, meaning they will be able to pitch for funding for projects, such as transitions to solar energy or drought-resistant crops that would help the developing world adapt to climate change or reduce emissions. She said she expected the number of accredited organisations to hit 100 and for the first tranche of projects to be funded before the Paris climate talks in December.

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