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Doha: Climate cash debate rages

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Monday, 26 November 2012

Doha: Climate cash debate rages

The EU will not commit to renew climate funding which runs out at the year's end ahead of talks at the Doha climate summit, which opens on Monday 26 November. But new climate aid may be announced in the conference’s second week.  
Development NGOs reacted angrily to an EU statement on 23 November which said only that in Doha, the EU would “discuss with its developing country partners how major flows of EU climate finance can continue in 2013-2014”. "If the EU and other developed countries are serious about making climate action a reality for the period 2013-2020, they can't afford to come to Doha empty handed,” Lies Craeynest, Oxfam’s EU policy adviser told EurActiv.
Senior EU officials believe that most member states have factored climate aid into their medium term financial plans and leaders are likely to announce commitments at the conference itself.  “It will probably happen in the [conference’s] second week,” the EU’s chief climate negotiator Artur Runge-Metzger said, “and I don’t think this will be a pledging exercise, just what is in the drawer at the present point in time and what has been agreed to in the next year and maybe the year after”.

Source: Euractiv