DURBAN - At 15h00 local time in Durban, SA (8am EST), dozens of protesters gathered inside the International Conference Center where the COP17 negotiations are entering their final hours.
Protesters have said they are prepared to stay all night, and that they will ensure their voices are heard.
They are calling for the World Bank to be taken out of climate finance, a reference to the predominance of private financing and market mechanisms in all funding solutions for climate change reduction projects being discussed at the conference. A central piece of what is being negotiated is the Green Climate Fund, with a goal of raising $100 billion for adaptation and mitigation projects, but most of the funding is being linked to programs like carbon markets and offsets, which critics say allows companies to continue polluting and ignores the need to drastically reduce our use of fossil fuels, and not simply try to offset them with other projects.
SCROLL TO CONTINUE WITH CONTENT
Our Summer Campaign Is Underway
Support Common Dreams Today
Independent News and Views Putting People Over Profit
Protesters are also calling for a recognition of historic climate debt: that developed and Northern countries have predominantly been the cause of man-made green house gas emissions, and that they have the responsibility to take a frontline position in cleaning up the problem. This historic reality was included in Kyoto Protocol, but Canadian Environment Minister Peter Kent recently called such demands "guilt money."
Updates to come.