Overview

Many leaders are promising to help people living in extreme poverty adapt to the effects of climate change. This sounds great, but unfortunately, on closer examination, it turns out most of this money could be double counted - it's money that has already been promised as development aid. This double counting is dangerous as it undermines both sustainable international development and a good global deal on clime change.

Copenhagen

Stop dangerous double counting

Ask Danish Prime Minister Lars Løkke Rasmussen to stop leaders double counting money that is meant to help developing countries adapt to climate change.

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UPDATE - Decemeber 19th, 2009

As world leaders fly home from the climate change summit, the agreement reached in Copenhagen could add up to nothing unless the funding offered is not double counted from existing aid promises.

Late last night an agreement was brokered by the US, China, South Africa, India and Brazil. This included $10bn a year in so called ‘fast track’ financing for the next 3 years and $100bn a year by 2020 for poor countries to cope with climate change. But currently these sums will largely be subtracted from promised resources to help these same countries fight poverty.

To find out more visit the ONE blog