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Oxfam Internationa: US Threatens To Undermine Funding For Climate Change Adaptation

FOR IMMEDIATE RELEASE
DECEMBER 11, 2007
2:16 PM

CONTACT: Oxfam International
Tricia O'Rourke, Oxfam Media Officer
Tel: +44 (0) 1865 339157 Mob: +44 (0) 7989 965359 tricia.orourke@oxfaminternational.org

 
US Threatens To Undermine Funding For Climate Change Adaptation
 

WASHINGTON - December 11 - United States negotiators have objected to language in the draft Bali Roadmap text on “sufficient, predictable, additional, and sustainable” adaptation funding for vulnerable countries.

This US position is shocking and shows a dramatic disregard for the world’s vulnerable  and  poor  who are bearing the brunt of climate change. The US approach is to undermine progress on funding for developing countries in the Bali Roadmap which sets the framework for negotiations on climate change over the next two years.

Now, the latest  draft of the Bali Roadmap text strips out that language, undermining  negotiations  and  condemning poor and vulnerable people to deepening poverty.

The need for adequate and rapidly scaled up sources of adaptation funding is clear. The World Bank has estimated the annual needs of developing countries  to adapt to climate change is up to $40 billion, Oxfam puts this figure at a minimum of $50 billion annually, while the UN Development Program said last week that the costs are $86 billion a year.

Despite being the world’s largest historical emitter of global greenhouse gases, the US has contributed  exactly US$0 to the multilateral funds created under the UNFCCC.

Now, US negotiators are saying “NO” to the idea that it’s time for developed countries to fulfill their commitments under the UNFCCC by making sure that developing countries receive adequate funding.

We join forces to say "NO" to the US position, which undermines an overall deal in Bali, and we instead call on governments to strengthen the Bali Roadmap text in the next day by ensuring it:

  • Includes “sufficient, predictable, additional and sustainable” funding;
  • Provides for new and rapidly scaled up funding sources; and
  • Creates binding commitments for developed countries to provide adaptation funding.

Joint statement by:
Oxfam International * CARE International * ActionAid International * Tearfund *
Friends of the Earth International * Practical Action

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