The U.S., Canada, Australia and the UK have been accused of failing to meet their United Nations pledge for climate change funding.
The Carbon Brief , released on the opening day of the COP27 conference, the UN’s annual climate summit in Egypt, compares national shares of historical emissions with proportionate contributions to the US $100 billion climate finance target.
Since inclusion in Annex II was based on membership of the Organisation for Economic Co-operation and Development (OECD) at the time, large economies such as China, which is the world’s second biggest historical emitter of carbon, are not included.
“Other laggards include the UK, Canada, and Australia, which all made smaller financial contributions to the internationally agreed target than their shares of historical emissions,’’ reads the report.
“Canada gave 37 percent of its fair share and was [US] $3.3 billion short, while Australia gave 38 percent of its fair share and fell short by [US] $1.7 billion. The UK gave 76 percent of its fair share, falling short by [US] $1.4 billion.”
Ecomodernist Says the Environmental Situation Improving
The report comes after California-based ecomodernist Michael Shellenberger commented that the environmental situation was actually improving in developed countries.“Not even the United Nations says that,” Shellenberger said. “It’s true that the planet is getting warmer, but we’ve been doing a really good job of adapting to it.”
“The psychologically damaging effect of social media, the rise of drug overdose deaths in the United States, the crisis facing Europe because of lack of energy, these are all much more important problems to worry about than climate change problems.”