Developed countries are playing a high stakes game at the climate talks in Paris by leaving their finance pledges to the last minute. Mohamed Adow, Christian Aid’s Senior Climate Advisor, said playing their finance card early would be their best chance of getting the deal they want.
Adow said: “The developed world are playing a high-risk low-reward game. In order to get a deal with a ratchet mechanism and language on phasing out fossil fuels they must not hold back the issue of finance until the last minute. Otherwise they risk not giving countries time to create a deal which includes these elements.
“Writing a cheque next Friday night won’t give them enough time to cash it.
“In order to build an alliance of both rich and poor countries working for a strong outcome, the developed world need to start talking about finance. They should get the ball rolling early. Like the five year review cycles on emissions they need to propose review cycles of increasing finance as well.
“That is how they will get the biggest bang for their buck.”
Like our Facebook Page
Understanding The True Environmental Impact of Dentistry
Incredibly Important Benefits of Effective Ethically Made Anti-Virus Face Masks
Green Entrepreneurs Find Creative Ways to Balance Ethical Goals with their Retirement Objectives
The Surprising Environmental Benefits of Using an Organic Mattress
Everything You Need to Know Before You Start Using Renewable Energy in 2021
The Curtis Institute of Music Makes Facilities More Energy Efficient
What Can Ecotourists Learn from Visiting Chernobyl?
Mastering the Art of Trading Bitcoins Profitably and Sustainably
5 Essentials for Promising Eco-Friendly Businesses to Thrive in a New Economy
Bitcoin – an Eco-Friendly Cryptocurrency That is Rocking the World!
Eco-Friendly Devices Are Amazing for Improving Indoor Air Quality in Urban Areas
6 Financial Benefits of Solar-Powered Homes
From Store to Door with Minimal Impact: How Companies Are Eco-Friendly Innovators
The Eco-Friendly Evolution of Bitcoin Over the Years
A Guide to Investing In Renewable Energy Stocks in 2021
Creative Ideas to Practice Eco-friendlier Consumerism
9 Simple Changes for Creating an Energy-Efficient Home
Why Eco-Friendly Solutions Can Work for Your Home
How to be More Environmentally-Conscious in 2021
Hawkers Launch a Truly Innovative Eco-Friendly Sunglass Line
- Editors Choice12 months ago
10 Green Companies With Amazing Environmental Initiatives
- Features12 months ago
5 Sustainable Home Improvement Ideas To Improve Your Home’s Value
- Energy12 months ago
10 Amazing Energy Saving Hacks for Spring
- Invest10 months ago
4 Super Simple Solutions To Create The Perfect Eco-Friendly Home