2011-07-07 23:52:40US halts progress on climate finance talks -- ActionAid
John Hartz
John Hartz
john.hartz@hotmail...
98.122.98.161

I post this AcitonAid news release for two reasons:

1. Its message.

2. As an example of a well written and well formatted news release.


US halts progress on climate finance talks

(Bonn, 8 June 2011) As the US refuses to discuss how to generate funding to help poor countries confront climate change in the ongoing United Nations process, Ilana Solomon, ActionAid’s climate expert following climate negotiations in Bonn says:

“By refusing to discuss concrete ways to raise the money needed to help fight climate change, the US risks turning the much anticipated Green Climate Fund into an empty vault.

“Last year, the US government reiterated Hillary Clinton’s commitment to work with other countries to raise $100 billion a year to enable poor countries to adapt to the impacts of climate change and reduce their carbon emissions.

“As the largest contributor to climate change in history, it is simply unacceptable for the US to backtrack on its commitment. The US must begin talks on generating sustainable and adequate public climate finance.”

ENDS

For more information and interviews contact:

(In Bonn) Ilana Solomon

+1-202-222-5004

Harjeet Singh

+49-170-2675-174

Note to Editors:

In December 2009, at the Copenhagen climate conference, Secretary of State Hillary Clinton announced that the US was ready to work with developed countries to jointly mobilize $100 billion for climate action in developing countries. At the Cancun climate conference in December 2010, developed countries, including the US, re-committed to this goal. Now, however, the United States is saying that it is not prepared to talk about how to generate that finance within the ongoing UN process. The US position was supported by both Canada and Japan.

Discussions have already begun on how to design a new global fund to help developing countries deal with climate change.

There are multiple ways to generate sustainable, adequate, and predictable public financing for climate change. Taxing the financial sector, redirecting fossil fuel subsidies in developed countries, mechanism in the shipping and aviation sector, or use of IMF (International Monetary Fund) special drawing rights are all potential options.

2011-07-08 00:10:55Action Aid's Climate Change Webpage
John Hartz
John Hartz
john.hartz@hotmail...
98.122.98.161

Like Oxfam and some other interrnational relief organizations, ActionAid has developed a climate change action program. To access ActionAid's Climte change webpage, click here.