6 December 2011
Tearfund Reaction to UK Government’s Africa finance package statement
The announcement today by Chris Huhne, the Energy and Climate Change Secretary, that the UK government has allocated more than US$1billion of its fast start finance commitment and with a focus on adaptation is welcome.
People living in Africa are on the front lines of the climate crisis. Efforts to help them adapt to climate change and develop on a low carbon path must be adequately financed.
Tearfund remains concerned that this is not new money. And, that there is no agreement on public sources of finance to deliver funds for adaptation and mitigation post 2012 at the scale needed. While in Durban the UK government must now push for other countries to make commitments for long-term finance, so that the Green Fund, agreed at the Cancun climate talks, once established, does not remain empty.
Paul Cook, Director of Advocacy, Tearfund
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