Tuesday, May 29, 2007

Climate change: Stop harming and start helping, Oxfam tells G8 summit

G8 countries must act to keep global warming below 2° Celsius and pledge their share of $50bn to help poorest cope with impact. G8 countries owe around 80% of the $50bn or more needed each year by developing countries to adapt to the harmful effects of climate change, according to a new report published by Oxfam. Human-induced climate change is already causing harm to the world’s poorest people, who are the least responsible for emissions and least able to adapt to climatic shocks. “Developing countries cannot be expected to foot the bill for the impact of rich countries’ emissions,” said Celine Charveriat, head of Oxfam’s Make Trade Fair campaign. “G8 countries face two obligations as they prepare for this year’s summit in Germany, to stop harming by cutting their emissions to keep global warming below 2° Celsius and to start helping poor countries to cope by paying their share of $50 billion per year in adaptation funds.”

Oxfam says the $50bn a year figure is a conservative estimate that will rise sharply if emissions are not cut drastically in order to keep global warming below 2° Celsius. It also says that the G8 must follow the lead of the Netherlands and ensure the money is over and above the UN agreed aid target of 0.7% of national income. The report, Adapting to Climate Change, estimates the share that each country should contribute towards financing adaptation. It ranks countries based on their responsibility for carbon emissions from 1992 (when virtually all of the world’s governments committed to fight climate change) up to 2003, and on their capability to pay, based on their position in the UN’s Human Development Index: United States, responsible for meeting nearly 44% of developing country adaptation costs; Japan, nearly 13%; Germany, more than 7%; UK, more than 5%; Italy, France, Canada, 4-5% each; Spain, Australia, Republic of Korea, 3% each.

“Justice demands that rich countries pay for the harm already being caused to those who are least responsible for the problem,” said Charveriat. “But it’s also crucial in building the trust between nations essential for the success of any truly global agreement to tackle climate change.”