Thomas Paine

Thomas Paine
"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman."

Wednesday, 19 October 2016

Wealthy countries doing ‘nowhere near enough’ to help poorest cope with climate change

From the Independent - a drought in southern Africa affecting 40 million people is just ‘a grim foretaste of just the kind of suffering and hunger we are going to see in the years ahead’ unless poor countries get more help

"Wealthy nations are doing “nowhere near enough” to help the world’s poorest people cope with the effects of climate change, Oxfam has warned after 38 developed countries claimed they were on track to meet their pledges to provide aid.

As part of the Paris Agreement of Climate Change, rich states promised to raise $100bn (about £81bn) a year by 2020 to help the poorest ones, either by providing money directly or persuading private companies to contribute.

While the Organisation for Economic Cooperation and Development (OECD) found earlier this year that they were on course to fall billions of dollars short of this target, the countries themselves have now produced a “roadmap” report saying they are “confident” it will be met based on a few “modest assumptions”.

However Oxfam warned that instead of giving money, most countries were lending it, while others were rebranding ordinary aid as climate finance."

The full article can be read here.

No comments:

Post a Comment