Developed countries must increase finance for climate change adaptation, says CARE at One Planet Summit in Paris

CARE International's picture

 

 Advocacy

Paris, France (11 December, 2017). Political leaders, particularly in developed countries, must ramp up financial support to poorer countries for gender-equitable adaptation to prepare for climate change impacts and to deal with the unavoided loss and damage, urges CARE International on the occasion of the One Planet Summit. The high-level event takes place on 12 December in Paris, France, two years after the adoption of the Paris Agreement on Climate Change, and gathers Heads of States and Governments from over 50 countries.

Ada Zambrano, Country Director of CARE in Guatemala, attending the One Planet Summit, said:

Climate change is already severely impacting hundreds of millions of people, and this is expected to increase in impact and breadth. In Guatemala and Central America, recent extreme weather fuelled by climate change worsened food and nutrition insecurity of many people. Good practice adaptation must target the poor and promote gender equality. It is essential that developed countries scale up adaptation finance to accelerate climate action and improve the living conditions of the most vulnerable.   

Sven Harmeling, Global policy lead for CARE’s Climate Change and Resilience Platform, said:

Adaptation continues to be neglected in climate finance. As new statistics by the OECD show, there is virtually no progress in increasing the share of adaptation finance which still is less than a third of the reported financial support to poorer countries. This is despite the agreed objective to reach a balance with mitigation finance by 2020. Significant doubts remain over developed countries’ accounting practice, implying even lower sums of support for adaptation. Now is the time to step up finance to tackle the growing impacts from climate change.

Fanny Petitbon, Advocacy Manager CARE France, said:

In 2018, governments will face a moment of truth. G20 and G7 Summits, COP24 and the Talanoa Dialogue must be seized by countries as opportunities to significantly and rapidly scale up their commitments to reduce greenhouse gas emissions and to support vulnerable populations. The One Planet Summit should set an ambitious tone for the year ahead by signaling an irreversible shift of public and private financial flows away from fossil fuels to support the production of renewable energy and the adaptation of vulnerable populations, both critical for ambitious climate action. CARE expects that progressive developing and developed countries will stand together and resist any backtracking from the Paris Agreement by unwilling countries.

CARE International will be attending the One Planet Summit with delegates from France, Cameroon, Guatemala, Denmark and Germany. Those quoted above are attending the One Planet Summit and are available for interview upon request.


CARE, jointly with Oxfam International, released a new briefing paper for the One Planet Summit “Finance for adaptation and loss and damage: Time to step up action,” available here: http://careclimatechange.org/publications/finance-adaptation-loss-damage-time-step-action/

Copy this html code to your website/blog to embed this press release.

Comments

Post new comment

6 + 11 =

To prevent automated spam submissions leave this field empty.