CANCUN: The European Union (EU) will support India's proposal for an International Consultation and Analysis (ICA), which is likely to be a controversial topic at the United Nations climate change conference here.
Sources in the EU said they were interested in an ICA but not as a condition for funding.
In the first significant announcement at the climate change conference here, the European Union put forward about $2.9 billion as its contribution to the fast-start fund that is supposed to help the most vulnerable countries in dealing with the adverse impacts of climate change.
The money is part of the nearly $10 billion that the European Union has pledged to the fast-start fu
Funding a response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After reviewing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a harmonized carbon tax to finance a global climate fund.
Developed nations should begin to deliver the US$ 30 billion fast, which is necessary to build the trust and goodwill for the negotiations at Cancun, which starts in Mexico, India
European Union leaders have assured that Bangladesh will get adequate funding from the promised European Union Climate Change Adaptation Fund.
Prime Minister Sheikh Hasina received the assurance when she separately met with President of Council of the European Union Van Rompuy and President of the European Commission Jose Manuel Barroso Thursday morning.
Failure to create the 30-billion dollars climate fund even after one year of international commitment in Copenhagen will badly affect developing countries like Bangladesh, the Maldives and Ethiopia, said environmentalists at a climate change workshop in Delhi yesterday.
Indian minister of state for environment and forests Jairam Ramesh, however, said one possible outcome of the upcoming Cancun
Developed countries at the 15th Conference had committed themselves to providing around $30 billion for 2010-12
The fund is for supporting developing countries' climate efforts
No clarity on how donors will channel the
NEW DELHI: Developed countries are failing to meet the funding pledges that they made at the Climate Summit in Copenhagen last December to support developing countries' climate
While developing country parties are worried with the disbursement of fast-track climate
fund committed by developed countries in Copenhagen, a new institutional arrangement for financing came into focus in the ongoing climate change meeting here in Bonn today.
Delegates of the country parties of the UNFCCC discussed the issue in a meeting of the Ad-hoc Working Group on Long-term Cooperati
