As leaders gather for G-7, a key question: Will rich countries help poor ones grapple with climate change?
- June 14, 2021
- Posted by: Njango Njung'e
- Category: Climate Change
“This is a matter of urgency and trust,” says the U.N. secretary general, calling the meeting a “pivotal” moment
…“The U.N. process, and any reasonable negotiation, only works if one side can trust the other to do what is agreed and what is promised,” Mohamed Adow, director of the African climate and energy think tank Power Shift Africa, said in an email. “Finance and emissions cuts are two sides of the same coin. The finance is essential in order to fund the technological transition from fossil fuels to renewables around the world. We can’t do this on the cheap.”
Vulnerable nations have flexed their collective muscle before, notably banding together in 2015 to force more ambitious targets under the Paris agreement. They successfully fought for a more challenging global goal of limiting Earth’s warming to 1.5 degrees Celsius (2.7 Fahrenheit) over preindustrial levels — rather than merely 2 degrees Celsius.