Martin Lago at the UNFCCC conference in Cancun
By Martin Lago, Climate Change Advisor for Caritas Spain and Haiti programme officer
The hope I have for this summit is that the developed countries will stick to their targets for funds on climate change adaptation. Developed countries have committed in Copenhagen to provide $100 billion in annual long-term financing by 2020 and $30 billion have been pledged for fast-start financing to address urgent adaptation and associated capacity-building needs in developing countries. Again, it is not enough to tackle the challenge that we face. The UN Department of Economic and Social Affairs estimated that $500-600 billion is needed in developing countries to adapt to the effects of climate change. But at least, these funds can be a start. Caritas in Haiti and in the Dominican Republic for example will apply for money out of these funds, we are working on the application at the moment. Continue reading
