FOR IMMEDIATE RELEASE
October 7, 2010
As the UN Secretary General’s High-level Advisory Group on Climate Change Financing (AGF) works to complete a review of sources of climate funding by the end of October, climate justice groups are voicing increasing concern over the focus of the AGF and the process through which its report is being developed.
Ilana Solomon, Policy Analyst for ActionAid USA, said, “Constituencies advocating for climate justice fear the Advisory Group’s report will be framed in the context of the Copenhagen Accord. This is inappropriate, particularly as the Accord, which has not been adopted by the Conference of Parties, is extremely limited in its scope on finance.”
The Copenhagen Accord sets out a goal of mobilizing only $100 billion in public and private sources for adaptation and mitigation in developing countries. “This is far short of what is really needed to support those already experiencing the effects of climate change,” Solomon added.