NewEnergyNews: CLIMATE TALKS DEPEND ON WHO GETS WHAT

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    Friday, September 04, 2015

    CLIMATE TALKS DEPEND ON WHO GETS WHAT

    Compensation poses sticking point ahead of climate change talks

    Pilita Clark, September 4, 2015 (Financial Times)

    “…The question of how to help people displaced by the extreme weather that scientists say is likely to intensify as global temperatures rise has become a festering sticking point in UN climate negotiations over the past five years…Some poorer nations insist rich countries, whose carbon pollution initially caused the climate change problem, should compensate them for weather-related losses that have risen to well over $100bn a year, according to the World Bank...Wealthier countries, which have already agreed to mobilise $100bn a year by 2020 to help poorer countries tackle climate change, have resisted any measures that could make them legally liable for billions of extra dollars in compensation…[D]eveloping countries at preparatory talks in Bonn…abandoned calls for direct compensation…Instead, they want a ‘climate change displacement co-ordination facility’ to be established…[to] help relocate people and provide more reliable aid for countries most at risk…But the idea…is being resisted by the US and the EU, which is struggling to deal with the worst refugee crisis since the end of the second world war…” click here for more

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