2010 press releases
Cancun package merely prevents collapse and leaves kyoto protocol on life support
governments urged not to rush into redd deal and focus on effective forest conservation
World Bank should stay out of carbon markets and climate finance
cancun week 2: friends of the earth international analysis
nnimmo bassey to receive 'alternative nobel prize'
the people’s voices: mobilizations in cancun
rich countries must reject any secret text that puts in place process that could kill kyoto
Japan threatens progress at climate talks in Cancun
Forest deals set to harm the environment and reward corporate investors
Governments urged to turn away from carbon trading at climate talks
EUROPE'S BIOFUELS PLANS DRIVING SOCIAL AND ENVIRONMENTAL DESTRUCTION
GLOBAL DAY OF REMEMBRANCE: 15TH ANNIVERSARY OF KEN SARO-WIWA'S MURDER
UN ADVISORY GROUP ON CLIMATE FINANCE REPORT FALLS FLAT
high level advisory group on climate change must avoid pitfalls
Market mechanisms are a false solution to biodiversity loss
CLIMATE CHANGE: RICH NATIONS BACKTRACKING
Climate Talks : Developed Countries Must Stop Stalling
'Alternative Nobel Prize' Awarded to FoEI Chair Nnimmo Bassey
HEADS OF STATE MUST TAKE FIRM STEPS TO HALT BIODIVERSITY LOSS
TREE PLANTATIONS CAUSE GRAVE PROBLEMS
WORLD BANK LAND GRAB REPORT COMMENT: BIOFUELS CAUSE LAND GRABS
Biofuels for Europe driving land grabbing in Africa
OUTRAGE AT SHELL-FUNDED UN REPORT ON NIGERIA OIL SPILLS
un climate talks: developed nations strangle hope of progress
eu-brazil biofuels deal: "land-grabbing charter"
g20 summit: leaders should aim for 'robin hood tax'
US actions in Bonn threaten strong and just climate agreement
Launch of 'responsible soy' label faces global opposition
Developed countries attempt to launder aid money through World Bank and call it 'climate funds'
Fairness must guide Bonn climate talks: UN must not cede to weak US proposals
biodiversity lost at unprecedented rate
european union complicit in human right violations in latin america
European Transnationals Accused of Rights Violations in Latin America
2010 photo competition winners announced
world bank accused of promoting land grabbing
Bolivian Government Increases its Moral Authority on Climate Change
friends of the earth swaziland director wins prestigious goldman prize
BOLIVIAN CLIMATE CONFERENCE SIGNALS HOPE
FAO Accused of Favouring Polluting Industrial Agriculture
GM crops failing to tackle climate change
'Solidarity and Movements' Photo Competition Starts Today
2010 BIODIVERSITY YEAR: URGENT ACTION NEEDED
 
You are here: Home / Media / Archive / 2010 / high level advisory group on climate change must avoid pitfalls

high level advisory group on climate change must avoid pitfalls

LONDON, November 4, 2010 - Speaking in advance of the anticipated release of the recommendations of the High-level Advisory Group on Climate Finance, tomorrow, convened by UN Secretary General Ban-Ki Moon in the aftermath of the Copenhagen climate conference last year, Friends of the Earth's Climate Campaigner Asad Rehman said:

"The recommendations of the High-Level Advisory Group could boost the chances of progress at the upcoming climate negotiations in Cancun - but they must avoid the pitfalls which will slow negotiations down to a crawl.

 

"It's totally inappropriate for the countries who have mortgaged our planet's future to lend money to developing countries to tackle climate change - and then leave them saddled with financial and environmental catastrophe.

 

"New money from the rich to the developing world must be in the form of grants, not loans.

 

"Recommendations for a global carbon market would risk a speculative trading bubble and a double whammy of financial and climatic disaster.

 

"There are a range of options already on the table which can generate, fairly and effectively, the $200 billion which is the minimum required annually for developing countries to tackle climate change.

 

"These should include a 'Robin Hood tax' on international financial transactions, a levy on international flights and ending fossil fuel subsidies.

 

"This new money should form part of a Global Climate Fund under the control of the UN, which would provide money for developing countries in a transparent and democratic way.”

 

FOR MORE INFORMATION

For Friends of the Earth's Climate Campaigner Asad Rehman in London, contact press officer Henry Rummins, +44 (0) 20 7566 1649

 

Friends of the Earth International media coordinator Marlijn Dingshoff in Amsterdam: +31(0) 20 6221369

 

For further information on the Robin Hood tax, visit www.robinhoodtax.org.uk

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