Most Vulnerable Countries Assured of Fresh Money at Climate Conference

BERLIN | PARIS (IDN) – The Global Environment Facility (GEF) Chairperson Naoko Ishii has welcomed pledges made at the UN Climate Conference in Paris to inject more than 252 million U.S. dollars to help the most vulnerable countries address climate change and its adverse consequences.

In an unprecedented move, Premier Philippe Couillard of Québec, Canada’s largest province by area and its second-largest administrative division, has announced a contribution of 6 million Canadian dollars to the climate fund, hosted by the Global Environment Facility (GEF) for the most vulnerable countries.

The commitment, made at the Paris COP21 climate talks, is the first-ever by a sub-national government, and brings total new financing to the Least Developed Countries Fund (LDCF) to more than 252 million U.S. dollars.

The support for the LDCF was included in an announcement by the Québec government on December 5 of new international funding for climate cooperation.

China’s Carbon Trading Pilot Programmes Flawed

BEIJING (IDN | UNDP) – As China prepares to launch a nationwide carbon cap-and-trade program to try to slow climate change, experts are warning of a long list of flaws in seven pilot programs that are already operating throughout the country.

Major issues ahead of the planned 2017 launch of a national carbon trading program include a lack of openness, transparency and fairness; a flawed system of allowance allocation which does not reflect real industry conditions; and an inadequate monitoring, verification and reporting system.

Vulnerable Communities Reject Proposed COP21 Accord

PARIS (IDN) – Leaders from the U.S. and Canadian grassroots and indigenous communities have expressed their opposition to the proposed global climate agreement, saying that it falls far short of what is needed to avoid a global catastrophe.

With more than 100 delegates from dozens of climate impacted communities across the U.S. and Canada, the It Takes Roots delegation is calling on world leaders to emerge from COP21 in Paris with an agreement based on real solutions. COP21 is the 21st session of the UN Framework Convention on Climate Change from November 30 to December 11, 2015.

Thinking or Not Thinking About Tomorrow

BERLIN (IDN) – A series of interviews with the German Economic Affairs and Energy Minister Sigmar Gabriel and with leading representatives of energy industries of the country, broadcast by the German public television network in run-up to COP21 in Paris, seemed to prove what critics of climate change conferences often claim: The governments of industrialised countries model their opinions and policies on the criteria laid down by private businesses.

Climate Summit An Opportunity for Accelerating Transformation

TORONTO (IDN) – The Global Environment Facility (GEF) expects the twenty-first meeting of the Conference of the Parties (COP21) to the UN Framework Convention on Climate Change (UNFCCC) – from November 30 to December 11 in Paris – to be a “turning point”.

It expects COP21 to send “a loud and clear signal to citizens, markets and the private sector that the transformation of the global economy is inevitable, beneficial, and already underway”.

Governments from around the world are meeting in Paris to reach a new climate change agreement that aims to keep global average temperature rise below 2 degrees Celsius (3.6 degrees Fahrenheit) – the level beyond which there will be irreversible impacts.

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