Developing nations seek US$200bn in climate finance from US
No commentsDeveloping nations have called on the United States to provide US$200 billion in financial aid to help the address climate change.
The US should provide the money not as a charity but as part of its moral obligation, said Sudanese Ambasador Lumumba Di-Aping, speaking in a press conference on behalf of the G77/China negotiating group of 130 developing nations.
Di-Aping said this is “necessary to stop the world from immeasurable suffering”.
He also reiterated the position of G77/China that the US needs to join the Kyoto Protocol, the only legal instrument in place that binds countries to reduce their greenhouse-gas emissions.
“The world cannot achieve an equitable and just deal that would save the planet without the US,” he said. “Global peace and security would be threatened without American participation.”
Scientists predict that Africa will face a temperature increase of 3.5 degrees Celsius if stringent action is not taken to limit emissions of greenhouse gases.
The G77/China is the largest UN negotiating block. It has been sticking to its position of maintaining the Kyoto Protocol rather than replacing or merging it with a new protocol in Copenhagen.
As the ongoing negotiations intensify, government ministers are expected to arrive this weekend and will be followed by the heads of states and governments next week.
