British, Ethiopian PMs, UN meet over $100 billion ’climate fund’

Ethiopian Journal ^ | Monday, 05 April 2010 10:07 | Written by Administrator

[Ernest_at_the_Beach]

London (United Kingdom) The first meeting of the UN-instituted ’climate fund group’, kicked off in London with Britain offering to sign a new Kyoto Treaty as developing countries’ demand ; urging those nations to play their parts by enshrining their commitments to tackling global warming in international law. 

 

 

The move came as the British Prime Minister Gordon Brown and his visiting Ethiopian counterpart Meles Zenawi, held prolonged talks, on Wednesday, with billionaire financier George Soros, United States president Obama’s economic adviser Larry Summers ; as well as other renown economists and finance ministers ; aimed at finding ways to raise £20bn a year immediately to enable developing countries to adapt to climate change.

 

The high-level advisory group on climate change financing, convened by United Nations Secretary-General Ban Ki-moon and chaired by Prime Ministers Brown Meles Zenawi, will consider at least six ways of raising $100 billion a year by 2020 ; and $1trilion for climate change adaptation.

 

The London ‘climate finance group’ meeting was the first of its kind, after the United Nations Secretary-General Ban Kin-moon, on February 12, 2010, appointed the Ethiopian Premier Meles Zenawi and his British counterpart Gordon Brown, to co-chair the new High-level Advisory Group on Climate Change Financing.

 

In what diplomatic sources have described as an attempt to restart global ‘climate change’ negotiations with an initiative ; aimed at healing the rift between rich and poor countries following the failure of the Copenhagen summit late last year, the UK Climate Secretary Ed Miliband, told participants attending the ‘climate finance group that the country has conceded considerable ground.

 

This includes Britain’s unilateral move towards addressing the key issues raised at Copenhagen – which the rich accept the legally binding commitments to cut greenhouse gas emissions, enshrined in Kyoto.

 

The initiative could lead to two separate global treaties on climate change. It also offers a challenge to China, India and other major developing countries, who have been unwilling to commit legally to acting on climate change because the Kyoto agreement specifically exempts them.

 

"We are asking that developing countries internationalize in a legally binding agreement the actions they take domestically," said the government action plan, published Thursday in advance of formal UN negotiations that reopen next week in Bonn.

 

"We would not envisage developing countries being subject to any punitive compliance measures," it added.

 

Many have seen the move as the strongest signal yet the rich countries’ attempts to sideline or even abandon the Kyoto Treaty has failed and that the negotiations will continue within the 192-nation UN climate body and not in smaller groups of countries as the US and other nations had wanted.

 

"We hope by doing this we can take away the myth that developed countries were trying to destroy Kyoto," said Miliband.

 

"We are determined to unblock the negotiations. We are willing to offer a second agreement under Kyoto, provided there is a separate legal treaty covering all other countries."

 

The move was immediately welcomed by representatives of developing countries ; with warning that developing countries would not accept an agreement if rich countries – who have emitted by far the most carbon pollution – did not commit to further deep cuts in emissions.

 

The group of 19 financial leaders has been asked by the UN boss Ban to report back by November, when UN climate talks take place in Cancun, Mexico.

 

The British initiative has been welcomed by several environment and development groups, noting that it is a positive demonstration that the government has restated its commitment to the Kyoto Protocol, which enshrines the responsibility of rich countries, as the biggest historical polluters, to slash their emissions first and fastest."

 

[Texas Fossil]

Selling Snake Oil and enslavement. (UN wealth transfer scheme)

The Big Lie has now been exploded. No one but liars and dummies still support this tripe.

[Brett66]

I can’t believe they actually went through with a cap n trade scheme, of course it allows a lot of money to change hands and it’s not subject to any kind of oversight or accountability.

Doesn’t matter if 90% of all of these carbon trades are illegitimate, just as long as all of the hidden players get their cut.

[Ernest_at_the_Beach]

H/T to Climate Depot which pointed to this article:

Is Gordon Brown Proposing To Print Climate Money?

***************************EXCERPT**************************

Monday, 05 April 2010 10:07 Ethiopian Journal

ADDIS ABABA, April 5 — Ethiopian Prime Minister Meles Zenawi says the high level Advisory Group on Climate Change Financing has identified various financial sources to help developing countries combat climate change and set directives for further activities.

Meles and British Prime Minister Gordon Brown co-chaired the first meeting of the group held in London last week.

Meles told the Ethiopian Radio and Television Agency that the meeting assessed ways of getting financial sources through air and marine transport and the right of the International Monetary Fund (IMF) to print money and implementation of new taxes, among others.

He added that the meeting had set up three committees to assess the stated alternatives and pass recommendations. The first committee will assess governmental financial sources while the second private financial sources and the third committee will undertake administrative work.

The high-level advisory group to mobilize the climate change financing promised in Copenhagen was assigned by United Nation Secretary-General Ban Ki-moon.

Its mission is to mobilize financial resources through the development of practical proposals to significantly scale up both short and long-term financing for mitigation and adaptation strategies in developing countries.

The group will also investigate how to jump-start the mobilization of new and innovative resources from both the public and private sector. It discharges its responsibilities as per the framework of the recommendation set during the Copenhagen climate change conference.

The recommendation states in Articles 8 and 9 that financial support to be given to developing countries to help them combat climate change between 2010 and 2020 will be secured from various sources including governments, the private sector, bilateral and international institutions.

The Advisory Group is expected to submit its final report to Ban before the next conference of parties to the UN Framework Convention on Climate Change (UNFCCC) in Mexico later this year.

Ethiopian Journal, 5 April 2010

British, Ethiopian PMs, UN Meet Over $100 Billion ’Climate Fund’

London (United Kingdom) The first meeting of the UN-instituted ’climate fund group’, kicked off in London with Britain offering to sign a new Kyoto Treaty as developing countries’ demand ; urging those nations to play their parts by enshrining their commitments to tackling global warming in international law.

[DallasDeb]

Folks, this will never go away until all socialist western countries rise up against their current governments.

[DallasDeb]

We need a climate treaty—one that states humankind can do nothing about climate change because it is controlled by nature, i.e., the Sun. It must be signed by the required number of western nations to end the theft of our money to developing nations.

[Touch Not the Cat]

.
bttt

[Ernest_at_the_Beach]

From JoNova:

Deutsche Bank *really* wants us to trade carbon

********************************EXCERPT************************************

Six months ago, Deutsche Bank was overcome with concern about the planet—bless its soul–and launched this 70 ft. vision of climate doom opposite Madison Square Gardens, New York. You can feel relieved. The bank paid for the carbon credits (no doubt through one of its own funds), so the 40,960 low-energy light-emitting diodes are “carbon-neutral.”

Kevin Parker for Deutsche Asset Management said: “We hope with this sign that it is going to foster a sense of urgency about the problem, raise public awareness, create a need for education and really spur a call for action”

Spurring action indeed. “Sign Copenhagen; Sign Cap N Trade; Give us that $2 trillion dollar market based on meaningless paper permits, and funded by consumers everywhere. Please!”

In a more candid moment, Parker said: “Well, what we’d like to see is a price on carbon. That is absolutely foremost in everyone’s minds involved in the climate change debate. The governments around the world have to get on with regulations…”

Yes, the real agenda is the legislation: forced payments from citizens.  We all know we aren’t going to see the Deutsche Bank Top-Soil Clock coming soon highlighting the problem of erosion, or the Deutsche Bank Falling Fish Stock Clock…or the Deutsche Bank program to save the spotted quoll.

In a brazen ambit, Parker suggested we all might like to invest more in renewable energy: $45 trillion more (over 40 years), and that’s only going to solve half the problem”. There is no end to the audacity.

Is this anything other than blatant advertising for a Cap N Trade scheme? Ponder if Exxon launched a similar billboard with the “costs” of carbon mitigation, it would be vandalized, scorned, and disparaged even by august associations like the Royal Society.

A NASA official would call for corporate heads to be jailed for crimes against humanity.

It’s ok for bankers managing $695 billion-dollar funds to take sides in a science debate…. That’s not the same as corporations trying to influence policy.

[Ernest_at_the_Beach]

Related thread:

How government cash created the Climategate scandal

[left that other site]

Now is the time we can read this and Thank Mr. Bush For NOT signing Kyoto!

[Ernest_at_the_Beach]

Related thread:

Brown hails move on global bank tax

[Ernest_at_the_Beach]

Crosslinking.

[CIDKauf]

US Senate voted 95-0 against ratification of the Kyoto Protocal under then President BJ Clinton

[left that other site]

That’s Good Too.

Why then, do the LEFTIES always BLAME BUSH for everything then?

[The Toll]

Still waiting for the media reports explaining to the masses how those evil old Republicans were wise enough to see through this scam despite to unprecedented pressure.

[steelyourfaith]

Thanx !

 

Beam me to Planet Gore !

[Marine_Uncle]

"The recommendation states in Articles 8 and 9 that financial support to be given to developing countries to help them combat climate change between 2010 and 2020 will be secured from various sources including governments, the private sector, bilateral and international institutions."

Has anyone proposed as to what methods they will be able to use to stop the earth from cooling down over the next twenty to thirty years in order to "combat climate change".