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February 8, 2012
Germany to break climate aid promises
Published: 26 Jun 10 14:08 CET
Online: http://www.thelocal.de/national/20100626-28121.html
Germany will not deliver the financial aid to help developing countries deal with climate change it promised at the Copenhagen climate summit last December, media reports say.
- Time slipping away for Durban climate deal (10 Dec 11)
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A spokesman for the Development Ministry refused to comment on the report, since budget negotiations are still running in the department, but the magazine claims that pressure from Finance Minister Wolfgang Schäuble has forced the promised payments to be cancelled, and that Chancellor Angela Merkel has approved the decision.
The German government originally planned to put €70 million per year for the next two years into development aid and the environment budget. This subsidy would have been created by turning loans to developing countries into aid.
Merkel vowed to deliver €1.26 billion in climate change aid by 2012 at last December's climate summit in Copenhagen. Merkel, Development Minister Dirk Niebel and Environment Minister Norbert Röttgen all promised that this would consist of additional funds in the budget.
But at the beginning of March it was announced that only €210 million of the aid would be new money, while the rest would be covered by other aid resources or included in earlier promises.
The Local (news@thelocal.de)
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Your comments about this article:
This is not a moto is a new way of life...
But the bigger issue is that when you need to make budget cuts, take care of your own people first!
Oh, well. Ignore climate change at your peril. Let your industries keep on spewing carbon emissions. Your children and grandchildren don't matter anyway. To hell with this planet and all who might someday inhabit it.