Upcoming Events

International | Environment

no events match your query!

New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

offsite link Russia Training Iranian Pilots Ahead of ... Tue Jan 10, 2023 15:19 | The Times of Israel

offsite link Lukashenko Abolishes Copyright Protectio... Tue Jan 10, 2023 15:05 | Nikki Main

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link From Soledar to Sanctioned by the UK Government Sat Feb 04, 2023 17:54 | The Saker

offsite link Pepe Escobar: Ukraine War is Desperate Move by U.S. to Preserve Hegemony and Prevent Multipolar Worl... Sat Feb 04, 2023 16:38 | The Saker
 

offsite link German tanks in the Ukraine. Again. Sat Feb 04, 2023 16:20 | The Saker
Original title: “People of Germany, remember these words!” Bitchute version: Powered by bitchute embed generator

offsite link What Becomes of NATO After The Loss In Ukraine (Gonzalo Lira) Fri Feb 03, 2023 23:15 | The Saker

offsite link NATO warns that Putin?s MASSIVE attack is happening now, send weapons | Redacted with Clayton Morris Fri Feb 03, 2023 22:47 | The Saker

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

offsite link Formal complaint against Robert Watt Anthony

offsite link RTE bias complaint Anthony

offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

Human Rights in Ireland >>

Glasgow Climate Deal Renews Pledge to Support Developing Countries

category international | environment | press release author Wednesday November 17, 2021 16:15author by Comms Manager, olivia@jubileeusa.org - Jubilee USA Report this post to the editors

Two hundred countries finalized an agreement during COP26 in Glasgow, Scotland to limit global warming. In 2009, developed countries promised $100 billion of annual climate funding to developing countries by 2020. According to the OECD, funding estimates will not be met before 2023. The agreement expresses regret about the missed finance target and calls for increasing support for developing countries.

Two hundred countries finalized an agreement during COP26 in Glasgow, Scotland to limit global warming. In 2009, developed countries promised $100 billion of annual climate funding to developing countries by 2020. According to the OECD, funding estimates will not be met before 2023. The agreement expresses regret about the missed finance target and calls for increasing support for developing countries.

“The climate summit agreement recognizes the urgency of reaching the $100 billion target for developing countries and the reality that more support is needed,” said Eric LeCompte, Executive Director of the religious development organization Jubilee USA Network. "Debt relief can be an important resource for us to reach the levels of support developing countries need."

The Glasgow outcome noted concern with heightened debts as developing countries respond to the COVID crisis. The agreement asks development banks and lenders to consider climate vulnerabilities in determining access to aid and global reserve funds known as Special Drawing Rights.

One provision advocated by developing countries failed to make it in the final COP26 agreement. An agreement failed on compensation for developing countries experiencing damage from extreme climate-driven weather events. Instead the summit outcome foresees a new body to offer technical assistance for developing countries combating the effects of climate change.

“Many developing countries are dealing with more frequent natural disasters," stated LeCompte. "We need processes to support vulnerable countries as they face more extreme weather events caused by climate change."

The deal proposes setting a new climate finance and aid goal by 2025. Some countries believe more than a trillion dollars is needed.

Read Jubilee USA's press release on climate funding and COP26 here.
https://www.jubileeusa.org/cop_26_2021

Read Jubilee's new research on climate risks and COP26 here.
https://www.jubileeusa.org/pr_2021_cop

Jubilee USA Network is an alliance of more than 75 US organizations and 750 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

###

Related Link: https://www.jubileeusa.org/glasgow_climate_deal_renews_pledge_to_support_developing_countrieshttps://www.jubileeusa.org/cop_26_2021
© 2001-2023 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy