Date
14 December 2017
Children form an image of a tree next to a sign that says 'The world we want' on a beach in the Peruvian capital Lima, which is hosting a UN climate conference. Photo: Reuters
Children form an image of a tree next to a sign that says 'The world we want' on a beach in the Peruvian capital Lima, which is hosting a UN climate conference. Photo: Reuters

China blasts rich nations for slow climate fund response

China is criticizing rich nations for contributing too little to a fund to help poor nations cope with global warming.

Su Wei, head of China’s delegation to a United Nations climate conference in the Peruvian capital Lima, singled out Australia for not contributing to the fund, Reuters reported Friday.

He urged all rich nations to deepen their planned cuts in greenhouse gas emissions, suggesting a deal greenhouse curbs last month between China and the United States does not mean an end to deep differences on climate policy.

Donor pledges last month of US$9.7 billion to the newly created UN Green Climate Fund (GCF) were only a small part of needed cash, Su was quoted as saying.

“It is far from adequate,” he told a news conference.

He said developed nations in 2009 agreed to mobilise US$100 billion a year from public and private sources by 2020 to help poor nations suffering droughts, heat waves, floods and rising seas.

“There is still a large gap towards the 2020 targets of US$100 billion a year,” he said.

Australia is the main developed nation that has not contributed to the GCF, saying it prefers for now to focus on domestic aid programs.

“It is not good news [about] Australia, if it is true that they refuse to provide any money to the GCF,” Su said.

The biggest donors to the GCF are the United States with up to US$3 billion and Japan with US$1.5 billion.

Delegates from about 190 nations are meeting in Lima to work on a UN climate deal due to be agreed in Paris next year.

Developing nations had wanted US$15 billion for the GCF by the start of the Lima talks.

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