Brown to up first climate aid offer of $100 billion
As reported by guardian.co.uk – Gordon Browns proposal of $100 billion from rich countries – to compensate developing countries and help them adapt to climate change – is just the first offering in the world climate negotiations according to international development secretary Douglas Alexander, who advised the notion in a meeting at the Labour party conference in Brighton today, stating that the final offer could be far greater.
Mr. Alexander did continue his speech by admitting that other rich countries had so far not actually backed Britain and that many needed convincing that a settlement on the funding was necessary in order to secure a global deal at UN talks in Copenhagen in December, but maintained that the government is working to get other world leaders to get close to that figure of $100 billion a year by 2020, as proposed by the Prime Minister.
As the UN talks continued in Bankok, Mr. Alexander said he is hopeful that the developing countries would embrace the figure – Meles Zenawi, Ethiopia’s president leading the African block in the global warming talks, is “very positive” he declared.
Energy and climate change secretary Ed Miliband, backing the international development secretary said the EU should move its position on greenhouse gas emission cuts which have been proposed along with the money it has offered, both having been described as “woefully inadequate” by developing countries and charities.
Source article;
http://www.guardian.co.uk/environment/2009/sep/30/climate-change-finance