At UN Talks, Rich World Faces Questions on Who Will Replace US Climate Cash

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By Karl Mathiesen,ย Climate Homeย News

The rich world has a question to answer, according the chair of a powerful bloc of developing countries: what are they going to do about the cash promises reneged on by Donald Trumpโ€™sย U.S.?

The withdrawal of U.S. climate finance by the Trump administration has left other developed countries with a dilemma. The commitment they made โ€” to move $100 billion every year to poor countries to help them cope with climate change โ€” wasย collective.

The U.S. is withholding $2 billion pledged to the UNโ€™s Green Climate Fund andย across the wider climate finance sphere, its retreat leaves a biggerย hole.

Egyptโ€™s ambassador Wael Aboulmagd, who chairs the 130-plusย blocย of developing countries known as the G77 and China, told Climate Home News in an interview that Trumpโ€™s position on finance creates questions other developed countries need toย answer.

โ€œI canโ€™t speak on their behalf and they might sense that they have to step up to deal with the gap left by the United States,โ€ he said. โ€œWe need to ask them how to address thatย gap.โ€

Development banksย โ€˜not alignedโ€™ with Paris Agreement goals:ย report

EU climate commissioner Miguel Arias Caรฑeteย last yearย rejected suggestions the EU or any other donor shouldย carry the can for the U.S.

Elina Bardram,ย a seniorย EUย negotiator, told Climate Home News at talks in Bonn โ€œthe EU and other donors remain committed to the $100 billion goal and continue to work in view of scaling up available financing.โ€ย She noted theย โ€œcollective commitmentโ€ needed to be sourced from public and privateย funds.

The U.S. deficit has increased tensions overย a perennial issue that has stalked efforts to fight climate change. Negotiators in the former West German capital have spent the past ten days trying toย agree complicated rules that will govern the Paris agreement.ย The rules are due to be finalized at talks in December. But developing countries refuse to move forward until they are satisfiedย promises on money will beย kept.

Even before Trumpโ€™s election there were โ€œserious questions as to the pace and the scaleโ€ of developed country finance,ย saidย Aboulmagd.

The chair of the least developed country groupย Gebru Jember Endalew did not want to single out any donor for more funds. โ€œLetย [developed countries]ย maximize and raise their ambition, with the purpose of addressing the general financial gap that we have. Because I donโ€™t think that would be a good signal to say that the others have to fill the U.S. gap,โ€ heย said.

Nations are keen to avoid the semblance of delivering ultimatums. โ€œWe donโ€™t think our efforts should be exerted in pointing fingers and setting people up for picking up the blame, it is counter-productive,โ€ย saidย Aboulmagd.

But the bottom line is the priorities of developed countries such as the EU โ€” a universalย rulebook and increased ambition โ€” is in part contingent on showing the money. That has been a huge sticking point at theseย talks.

โ€œ[Developing coutries are] not necessarily matching and linking every micro-step to be taken on action with support,โ€ said Aboulmagd. โ€œBut the general perception is that it is a legitimate demand to say that we need to have some clarity as to support provided in the past and what is legitimate to anticipate in terms of support for theย future.โ€

The UNย has scheduledย an extra week of talks in Bangkok in September to make progress on a text beforeย politicians get involved at the Decemberย summit.

This article originally appeared on Climate Home News.

Main image: The U.S. Climate Action Center, an โ€œalternative,โ€ non-federal U.S. presenceย at the UN climate talks in Bonn in 2017. Credit: Ashley Braun,ย DeSmog

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