No new money - No deal! EU should revise its climate finance position to reach equitable deal in Copenhagen
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Caritas Europa, CIDSE and Aprodev issued “No New Money – No Deal!”, a joint analysis of the EU climate finance proposal that will serve as the European Union’s starting point for negotiations at the very much anticipated UN Climate Change Conference in Copenhagen (COP15) on the 7-18 December.
The three faith-based NGO networks see the EU’s climate finance proposal as a missed opportunity, and claim that with it, the EU is signaling that it is shying away from its historical responsibility for climate change and adopting a damaging “business as usual” attitude. Caritas Europa, CIDSE and Aprodev find this behaviour “unacceptable and inadequate”, and recall that the success of COP15 next week will depend on the will and capacity of the developed countries to show leadership and provide sufficient resources to help developing countries to deal with climate change. To achieve this goal, “No New Money – No Deal!” provides 6 key-actions that would make the EU’s and other developed countries’ climate finance proposal adequate and equitable if implemented before COP15: |
No New Money - No Deal! Caritas Europa condemns EU's attitude of shying from historical responsibility for climate change |
1. Revise all calculations underpinning EU positions that underestimate mitigation and adaptation costs, and commit to an overall annual EU public finance contribution of at least €35 billion in 2013, rising to €45 billion in 2020.
2. Fulfill the EU obligation to make long-term, post-2012 finance commitments at COP 15. Do not try to replace commitments to long-term finance with “fast-track” finance, however important the latter may also be.
3. Commit to providing EU public climate finance which is new and additional to existing Official Development Assistance commitments and offsets.
4. Reject the idea that developing countries should contribute to international public climate finance, and reduce the expected amount of unsupported adaptation and mitigation to be done by developing countries themselves.
5. Push for innovative climate finance mechanisms (…) with safeguards which ensure the principle of ‘common but differentiated responsibilities’ is not undermined.
6. Push for a centralised, equitably governed fund under the authority of the UN Framework Convention on Climate Change as the main vehicle for climate finance under the post-2012 agreement.
Through advocacy actions and material like the “No New Money – No Deal!”, Caritas Europa and many Caritas organisations in Europe have actively supported the climate justice campaign of the Caritas Internationalis Confederation, throughout 2009, in the run-up to the Copenhagen summit.
A large Caritas delegation will be present in Copenhagen, including Caritas Europa President, Fr. Erny Gillen, and Caritas Internationalis Secretary General, Lesley-Anne Knight. They will participate as accredited observers in the Conference of Parties (COP15) and will be involved in a series of activities.
For more information, please contact:
Blandine Bouniol
Policy Officer for International Cooperation
Tel: +32 (0)2 235 26 55
bbouniol@caritas-europa.org
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