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Momodou
Denmark
11829 Posts |
 Posted - 16 Dec 2009 : 13:47:53
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COP15: No to Ban suggestion
Developing countries have, for now, firmly rejected Ban Ki-moon’s suggestion for a hiatus on long-term funding.
The Chief Negotiator of the G-77 has for the moment shot down a weather balloon from United Nations Secretary-General Ban Ki-moon, who has suggested in today’s Financial Times that agreement on long-term funding for developing countries can wait until next year.
“There must be concrete figures in the agreement. That is the only security we have that money will be paid. This is both for short-term financing and long-term financing. Otherwise we face a very bleak future,” Lumumba Stanislaus Di-Aping tells politiken.dk.
Di-Aping, who is spokesman for some 134 developing nations, says the industrial nations have a debt to pay after having emitted so much greenhouse gas into the atmosphere for so many years.
“Our position is still that there is a need for USD 400 billion over the next 10 years and a long-term amount that corresponds to five percent of industrial countries’ GDP,” Di-Aping says.
“This will match the size of Marshall Aid, which is the only thing we have seen work in practice,” he adds.
In the short term, the billions in funds will be used to mitigate the consequences of global warming in the form of drought, flooding and hurricanes in developing countries. At the same time, the funds will help developing countries switch over to more environment-friendly technologies and prevent extensive logging.
In the long-term, funds are to be used to lift developing countries out of poverty.
“We have to move on economic development, eliminate poverty and make sure that developing countries can cut back on their CO2 emissions. This is vital because it will ensure a basis for developing countries to convert to a greener economy,” DI-Aping says.
Edited by Julian Isherwood
Politiken.dk
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