Bully Boys from Switzerland Win Fossil Over Finance Threat
Switzerland earned yesterday’s first place Fossil of the Day for being a big bully. Anyone who listens to civil society or climate scientists will know that we have to do much more if we want to keep temperature rise below the internationally agreed threshold of 2°C. Predictable public climate finance that helps developing countries to scale up their climate actions is essential to get the ambition wheel turning. Switzerland, in an intervention on Tuesday, not only opposed any legally binding quantified commitments on finance, but also threatened developing countries that any such demands would jeopardise the outcome here in Lima. Other developed countries, including the EU and the US came close to earning a fossil too as they didn’t exactly paint themselves in glory either. To much disappointment, they also strongly rejected commitments on finance.
Brazil came in second after stating in the Framework for Various Approaches Contact Group that “there is no double counting in the CDM”(!!) As numerous scientists have documented, double-counting of emissions is a serious problem with the Clean Development Mechanism. New, robust accounting rules that stamp out such practices are seriously needed to ensure the integrity of our efforts to combat climate change. This statement undermines climate action and earned Brazil a second place fossil.
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