The COP27 promise to fund climate help for poor countries – will it really be kept?
Gordon Brown: Rich nations have promised to pay for the climate crisis –
but will they? The breakthrough brought back memories of another, the
£100bn a year agreed at the 2009 Copenhagen climate summit to help poor
countries mitigate the effects of the climate crisis.
That money has never fully materialised. If our 13 years’ experience of the £100bn fund that
never was is anything to go by, eulogies of praise will soon turn into
allegations of betrayal.
The president of next year’s Cop28 will have to
answer for yet another fund without funders. Far from the loss and damage
fund narrowing the credibility gap on climate action, it is likely to
bridge nothing if money fails to flow from rich to poor.
Guardian 26th Nov 2022
https://www.theguardian.com/commentisfree/2022/nov/26/rich-nations-climate-crisis-cop28-gordon-brown
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