Gordon Brown calls for global climate fund
Thursday, 01 April 2010 09:43    PDF Print E-mail

Gordon Brown is attempting to get international climate change negotiations back on track by pushing for a multi-billion fund to help the countries worst affected by global warming.

United Nations talks in Copenhagen in December ended in a weak Accord that agreed all countries will work together to try and keep global temperature rise below 2C (3.6F).

The target will be met by investing £6 billion per annum from this year in helping poor countries to cut greenhouse gas emissions and £60 billion from 2020.

But questions remain on how the money will be raised.

The Prime Minister will meet with leaders from Ethiopia and Guyana as well as high level bankers and businessmen to discuss options including a tax on aviation and shipping or the "Robin Hood" tax on banking.

The leaders will also discuss the best way to ensure the money is spent on protecting forests and helping countries at risk of floods and drought.

Phil Bloomer, Oxfam’s Campaigns and Policy director, said the talks are a chance to get the climate change negotiations back on track before the next international meeting in Cancun, Mexico in November.

“Gordon Brown has a real chance to move the world closer towards tackling climate change. He must push the group towards making clear recommendations in time for Mexico so that the most effective ways to generate funds are developed to help the millions of people urgently needing support," he said. (By Louise Gray)

Source: Telegraph.co.uk

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