Climate finance remains one of the most highly debated issues in the global climate change negotiations. At the recent United Nations Climate Change Conference in Cancun, Mexico (COP 16), held from 29 November to 10 December 2010, important progress was made on climate finance, but much more work needs to be completed urgently to provide sufficient and equitable funding to meet the resource needs for climate change mitigation and adaptation in developing countries.
For many involved in the debate, it is also important that all aspects of climate finance meet exacting ethical standards, such as how scale, sources and governance reconcile with the principles of equity and common but differentiated responsibilities (CBDR) and respective capabilities. Adherence to these and other related agreed principles is the key to achieving fair and effective delivery of climate finance that respects human rights.
This NGLS e-Roundup highlights civil society perspectives on climate finance. In part it draws upon the work NGLS conducted from August to October 2010 to facilitate input from civil society representatives focused on climate finance to the UN Secretary-General’s High-level Advisory Group on Climate Change Financing (AGF), which issued its final report shortly before the Cancun climate conference.
The e-Roundup begins with a brief review of Cancun outcomes on climate finance. It is followed by a variety of civil society reactions to these outcomes, focusing on the newly established Green Climate Fund and equity concerns about additionality and scale of climate finance. The next section discusses broad political considerations about climate finance sources. The final section, Civil Society Voices, contains articles provided by civil society climate finance experts specifically for this e-Roundup.
Download the e-Roundup here.