Small islands urge nations to commit to funding climate change
Doha, Qatar (4E) – Pacific island nations are pressing developed nations to come up with commitments to climate change funding.
The Alliance of Small Island States (AOSIS) urged big nations to provide an adequate financial resources.
Bigger nations have earlier pledged to provide 100 billion dollars per year by 2020 to fund adaptation and mitigation in developing countries.
However Pacific island nations representative now at Doha, Qatar said they wanted more than commitment but an actual agreement on finance and mid-term target towards the 100 billion dollar goal.
Developed countries in 2009 pledged at the Copenhagen United Nations climate change summit to provide around 30 billion U.S. dollars for the period 2010- 2012 or the fast-start finance.
IEuropean Union stressed the bloc’s financial support, saying it had contributed 9.3 million U.S. dollars to the fast-start finance.
The 18th session of the Conference of the Parties to the UNFCCC and the 8th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol opened last Monday and continues until Friday at the Qatar National Convention Centre in Doha, Qatar.
At the UN talks, details of where the $100 billion will come from and what it will be spent on is still be determined. .
While the small islands first proposed the fund 21 years ago, the request is now being looked at because of recent study that shows fossil-fuel emissions is damaging to the government
According to the journal Nature Cimate Change that greenhouse-gas concentrations hit a record in 2011 and are on track for another rise surge this year.