India Raps Rich Nations For Not Disbursing Funds
Author:
First published in Sanctuary Asia,
Vol. 31
No. 3,
March 2011
“It is neither fast, nor started and there is no finance," Ramesh said.
The decision to pledge FSF by developed countries was taken at the Copenhagen Summit, for providing developing countries during the 2010-2012 period, for enhanced action on mitigation (including Reducing Emissions from Deforestation and Forest Degradation, REDD), adaptation, technology development and capacity building.
“The continued inability to provide Fast Start Finance is a betrayal of the grand bargain arrived at Copenhagen," said Ramesh, adding that almost nothing out of the pledged $30 billion by the developed world had been disbursed out to any developing country. Read the full report here.
Source: Manan Kumar, Express News Service, Express Buzz, New Delhi.
