LAGOS: NIGERIAN environmental campaigners joined the international community in calling for strong and clear rules relating to climate finance.
This follows a scandal showing Japan is claiming funds to a coal-power plant as being ‘green.’ “Dirty energy is poisoning the climate and local communities. It is essential that climate finance be used for energy transformation instead of funding dirty energy projects that aggravate climate change. Hundreds of social movements and civil society organisations from developing countries have demanded that the GCF exclude dirty energy from its funding. This is essential and rules must apply across the UN as a whole,” Godwin Ojo, Director of Environmental Rights Action in Nigeria, said.
A UN Conference in Lima, Peru, is considering both general rules for reporting of climate finance and giving direction to the new Green Climate Fund (GCF) to ensure its money is not spent on projects that cause climate change – like coal-fired power plants.
This follows a push by people across the world, starting last May, to ensure the green climate Fund has strong rules to stop ‘climate finance’ going to climate polluting project.
The campaign, led by organizations in developing countries, calls for an ‘exclusion list’ or a list of projects that cannot receive funds as they do not align with the fund’s objectives. More than 250 organizations signed a letter sent to the Green Climate Fund board.
SOURCE: CAJ NEWS AGENCY