Hollande says no climate deal if there is no climate fund

The Associated Press

French President Francois Hollande said this week that a landmark climate deal may not be reached in Paris in December if wealthy countries don’t commit adequate funds to help poor nations fight global warming.

“There will be no agreement concluded in Paris if the countries, the poorest countries, are not convinced that there will be a fund … which would be made available to them,” Hollande said in Manila after he and Philippine President Benigno Aquino III launched an international appeal to back efforts to seal a climate change accord.

Organizers hope it will be the first time that most countries in the world will agree to do something about climate change. Previously only rich nations have pledged to limit their emissions of “greenhouse” gases that cause global warming, primarily carbon dioxide, from the burning of coal, oil and gas.

The Paris meeting — the 21st Conference of the Parties to the U.N. Framework Convention on Climate Change — faces a major dilemma on how to raise the $100 billion in climate aid that rich countries promised to give the poor yearly by 2020.

Hollande chose the Philippines, which was devastated two years ago by one of the most powerful typhoons on record to hit land, to warn the international community anew of the dangers of global warming and call for governments to pledge to reduce greenhouse gas emissions.

“In the eyes of the world, Manila is a symbol of suffering and hope,” Hollande said.

A climate change accord is a way “to make sure that the world will not face global warming that would lead to even worse disasters than the ones we’ve been facing,” he said.