Post by Admin on Nov 30, 2014 10:04:05 GMT -5
Working Group on Climate Finance
Grupo de Trabajo para Financiamiento del Clima
Propositions for COY/Youngo
In order for the movement to be more strong and representative, we propose that at least two young people from each of the world regions be a part of the bottom line team;
Also that there is translation to all 5 UN official languages of all the document produced bt COY and Youngo.
Challenge: it is not so easy to find translators to all languages, for example, from English to Chinese.
Green Climate Fund (GCF)
Conference of pledges got almost 10 billion dollars to be put in the fund every year.
Good thing about GCF is that all donations are voluntary, it doesn’t work like a bank (as does CIF and the adaptation fund). And also that the private sector can contribute. Even though this is a great achievement in climate financing, it is far from being enough. We suggest that along with donations and withdraw, to be a biding agreement to help regulate the transitions.
Technology transfer
It is one of the biggest problems in financing. The problem is technology is developed by companies from the private sector, and the government not always have enough regulation to help make the transfer. We have examples in Colombia of companies traded technology for natural resources, what does not solve the problem whatsoever.
REDD+
Another big challenge in the financing theme. It is not very regulated yet, so it allows, for example, for companies to dislocate local comunities to plant florests, or to get money for florests that grow fast and has a commercial porpouse, like eucaliptus.
It has been suggested that the money is given to local and/or indigenous communities, but it would have to be acoompanied by intense coaching and monitoring to make sure the money is being well used.
We raised a lot of problems and discussed the complexities of the climate finance theme, but we did not reach a lot of solutions, because we think we should follow the discussions this COP20 to have a more assertive position at COP21.
Grupo de Trabajo para Financiamiento del Clima
Propositions for COY/Youngo
In order for the movement to be more strong and representative, we propose that at least two young people from each of the world regions be a part of the bottom line team;
Also that there is translation to all 5 UN official languages of all the document produced bt COY and Youngo.
Challenge: it is not so easy to find translators to all languages, for example, from English to Chinese.
Green Climate Fund (GCF)
Conference of pledges got almost 10 billion dollars to be put in the fund every year.
Good thing about GCF is that all donations are voluntary, it doesn’t work like a bank (as does CIF and the adaptation fund). And also that the private sector can contribute. Even though this is a great achievement in climate financing, it is far from being enough. We suggest that along with donations and withdraw, to be a biding agreement to help regulate the transitions.
Technology transfer
It is one of the biggest problems in financing. The problem is technology is developed by companies from the private sector, and the government not always have enough regulation to help make the transfer. We have examples in Colombia of companies traded technology for natural resources, what does not solve the problem whatsoever.
REDD+
Another big challenge in the financing theme. It is not very regulated yet, so it allows, for example, for companies to dislocate local comunities to plant florests, or to get money for florests that grow fast and has a commercial porpouse, like eucaliptus.
It has been suggested that the money is given to local and/or indigenous communities, but it would have to be acoompanied by intense coaching and monitoring to make sure the money is being well used.
We raised a lot of problems and discussed the complexities of the climate finance theme, but we did not reach a lot of solutions, because we think we should follow the discussions this COP20 to have a more assertive position at COP21.