One of the few things that did come out of last year’s disastrous Copenhagen climate conference was a commitment by developed countries to mobilize 100 billion US$ annually by 2020 to help developing countries take measures to adapt to climate change impacts and implement new climate-friendly technologies. The proof of the pudding, as we know, always lies in the eating. And in this case the pudding still has to be mixed and set.
On Friday, a group called the AGF – a special Highl-level Advisory Group on Climate Change Finance set up by UN Secretary General Ban Ki-moon in February this year – submitted its analysis to the UN. It demonstrates the feasibility of getting this public funding organised.
The next question is whether Cancun can com up with an agreement that will actually get the funds moving.
EU Commissioner Hedagaard told me in Brussels this was one of her priorities.
WWF says the AGF “provides a useful starting point for moving forward.”
“Now we look to governments to come up with the political mechanisms to get the finance actually flowing”, says Gordon Shepherd, leader of WWF’s Global Climate Initiative.
Given that there is no hope of reaching a binding post-Kyoto climate agreement at the Cancun conference, we can only hope for a package of measures to come out of the meeting which will at least take us some way towards reaching one next time round – and making some practical progress in the meantime. The developed countries have to deliver on the funding commitment.
There’s some useful background on the financing issue and the AFT on the UNEP website and on
the WWF website

So what are these African animals (I took the pictures in Tanzania) doing on the Ice Blog? Of course it’s all about biodiversity.
The Arctic is particularly sensitive to climate change and acts as a kind of early warning system. At the same time, ice melting up there will have consequences for the whole planet. I’ve gone on a lot about how melting sea ice affects the flora and fauna in Arctic regions. There’s also been a mention of how melting glaciers change the temperature, salinity and light conditions of the ocean. I’m currently working on a radio feature on my trip out onto the sea ice up in the Arctic with the “ambassadors” from the Climate Change College and scientist Chris Petrich. (Listen out for that in Living Planet). One of the main subjects of his research is the “albedo effect”. That is all about how the whiteness of ice and snow reflects solar radiation back up off the earth’s surface. When the snow cover decreases, the “melt ponds” are a much darker cover, and that absorbs warmth – exacerbating the overall warming effect. So, polar areas have a huge importance for the planet as a whole. Then there is the methane (around 23 times more powerful than c02 as a climate gas) being released from the huge areas of melting permafrost.
All this effects not only the area where it happens, but the whole planet. And of course, the sea level is rising, which will have disastrous effects for all the low-lying areas of the globe.
All our species of plants and animals are dependent on particular habitats and living conditions – from polar bears to giraffes, hippos, kangaroos or cuckoos. (Listen to Alison Hawkes on the plight of the “bird of the year” in the Black Forest. Will cuckoos exist soon only in those quaint – or exasperating – clocks?)
The Cuckoo Story
Last night the IUCN and UNEP staged an event here in Bonn to mark Biodiversity Day.
More about the IUCN
During it, I met Pavan Sukhdev,who’s heading the TEEB project,that is a study on The Economics of Ecosystems and Biodiversity. I felt very privileged to have the chance to talk to the man who’s in charge of what some people say could do for biodiversity what Nicholas Stern’s report did for climate change. The idea is to put a price on nature and make it clear, in economic terms, what it is worth to protect our biodiversity. The first part of the report will be presented in Bonn next week, but he did give me an idea of the scale of things. You can read the interview here:
Pavan Sukhdev on putting a price on nature