Most Recent IPCC Report Omits Green Climate Fund

One of the biggest changes to the most recent installment of the IPCC AR5, concerned the removal of a key number from the executive summary. The missing figure is the annual sum that rich countries have agreed to give poor countries for climate change mitigation. While mention of the $100 billion figure remains in the full 2,500 page report, it was removed from a 48-page executive summary read by the world’s top political leaders.

The most recent IPCC report was released at the end of March, 2014, in Yokohama, Japan. The body of the WGll report points to a World Bank estimate that shows how poor countries need $100 billion a year to try to offset the effects of climate change. At present they are receiving only a tiny fraction of that amount.

Research from the London-based Overseas Development Institute (ODI) showed 2013 climate finance pledges were 71 percent lower than in 2012. This is far from the $100 billion a year rich nations pledged to deliver by 2020 in the Cancun Agreements.

The poorest nations in the world are also those who contributed least to climate change. It is a savage irony that they will be the worst impacted. The exclusion of the $100 billion in the executive summary does not bode well for the future of transfer payments from richer to poorer nations.

© 2014, Richard Matthews. All rights reserved.

Related Articles
IPCC AR5 WGll Report: An Impending Climate Catastrophe
Second Quarter of the Fifth IPCC Report Leaked
The Sole Scientist who Disagrees with the Conclusions of the AR5 WGll
Hope for Climate Finance and Why We Can't Give Up on UN Climate Talks
Figueres on the Need for a Binding Global Climate Treaty by 2015
Sustainable Development Goals to Follow Millennium Development Goals
Debunking Efforts to Undermine the Latest IPCC Report
IPCC AR5 WGl Summary: Headline Statements from the Summary for Policymakers
Background of the IPCC's Latest Climate Report
The Science in the 2013 IPCC Report: Unequivocal Evidence of Anthropogenic Climate Change
Non-Profit Groups and Scientists React to the Fifth IPCC Report
The Business Community Responds to the 2013 IPCC Report
UN and US Political Reactions to the 2013 IPCC Report
IPCC Charts: Surface Temperatures, Sea Levels and CO2
Greenpeace Report - Dealing in Doubt: A Chronicle of Climate Denial
11th Session of the UNCCD Conference of Parties to Combat Desertification
Video - NASA uses IPCC Data to Project Temperature and Precipitation Increases
Video - Sustainable Development: CSD Replaced by HLPF
Video - New UN Forum to Advance Sustainable Development

SHARE

Melili

• 
• 
• 
• 
•