Major Economies Forum adopting a strategy of 'deferral and delay'

By staff writers
July 10, 2009

The Christian relief and development agency Tearfund has said that like the G8, the seventeen nations forming the Major Economies Forum (MEF) have been “adopting a strategy of deferral and delay”.

The comments came after the MEF issued their communique yesterday addressing progress towards a global climate change deal scheduled to be completed by the end of the year.

“The MEF contribute 80 per cent of global emissions" said Paul Cook, Advocacy Officer at Tearfund.

"Today they could have called on developed countries to deliver money in the range of $150 billion per year to help developing countries respond to climate change. They failed to do this, so the deadlock in negotiations is likely to remain.

“The communique released today outlines that the MEF will ‘spare no effort’ to reach an agreement in Copenhagen. With no figures on the table from rich nations, once again developing countries are being served up platitudes and rhetoric.

“This rolling dialogue points in the opposite direction to urgency and must not continue.

“What we are seeing here is very little silver lining on the huge cloud of injustice that will burst with devastating consequences for countries that bear the brunt of global warming, if world leaders don’t agree on a finance package ahead of the Copenhagen Climate summit.”

Tearfund did however, welcome the challenge to finance ministers to come back to the G20 negotiating table in September with finance proposals to support developing countries in their response to climate change.

Paul Cook continued: “President Obama’s 11th hour announcement seems to be a glimmer of hope for climate finance and the climate change agenda. Let’s hope that at last we are seeing rich countries delivering the bold and decisive leadership that is required to tackle what Obama quite rightly referred to as the defining challenge of our time.”

Keywords:g8 summit | g8 | briefing
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