EU considers billions for poor before climate talks

BRUSSELS/ARE, Sweden (Reuters) – Rich countries  should immediately mobilise billions of dollars in development  aid to the poorest nations to win their trust in the run-up to  global climate talks in Copenhagen, a draft EU report says. 
 
OECD countries should also fulfil their existing commitments  on overseas aid, which would more than double those aid flows to  poor nations to around $280 billion annually by 2015, it added.  

The recommendations are made in a draft report by the European Commission and Sweden, which holds the EU’s six-month  presidency and has convened ministers in a Swedish mountain  resort to prepare for climate talks in Copen-hagen in December.  
“We stand ready to deliver the upfront financing and we have  the mandate needed,” Andreas Carlgren, Sweden’s Environment  Minister, told a news briefing.  

Prospects of a deal in Copenhagen have been boosted by fresh  engagement by China and the United States.  
But the EU is worried an agreement might not be reached  because of a gap in trust between poor countries and the rich,  industrialised states they blame for causing climate change in  the first place.  

The report said clarifying and increasing the global  contribution to “adaptation funding” between now and 2012 could  contribute to trust-building with least developed countries.  

“A specific EU commitment is desirable before Copenhagen,”  said the report, which will be finalised in coming weeks. Rich  countries should immediately mobilise $1-2 billion to assist  vulnerable, low-income countries, it added.  

British Energy and Climate Change Secretary Ed Miliband said  he thought there was a role for short-term actions in the run-up  to Copenhagen as a way to build confidence, but that it should  in no way substitute efforts to secure longer-term financing.  
“It’s not a substitute for the bigger prize,” he told  journalists at the end of meetings with his European  counterparts.  
“Unless we come out of Copenhagen with a long-term financing  arrangement, we’re not going to get the steps we need from  developing countries and we’re not going to be able to say that  this is the kind of agreement we need.”  

Germany’s State Secretary for the Environment Matthias  Machnig said delegates had discussed upfront financing for  research projects for developing countries.  

“For me it is crucial that the money is there for projects  as of 2013. There is a debate to do something from 2010 to  2013,” he told reporters.    

Jean-Louis Borloo, the French ecology minister, told Reuters  on Friday rich nations would need to scale up their commitments,  implying that poor nations would need around $200 billion  annually by 2020.
  
“It’s an absolute disgrace to leave Africa in the greatest  insecurity,” he added. The Swedish report singled out Africa for  help in developing renewable energy.  

And it said OECD countries should live up to existing  commitments of 0.7 per cent of national income for overseas aid,  compared to an average of 0.3 per cent currently. 
 
“In absolute terms, this would mean moving from around $120  billion in 2008 to around $280 billion by 2015,” it added.  
Any funds to help poor nations deal with climate change  should come on top of current aid payments, said the report. 
 
But Oxfam International said climate funds should come on  top of the $280 billion commitments, rather than the $120  billion that is actually paid.  

“The big flows of money after Copenhagen, should be on top  of that 0.7 per cent,” said Oxfam climate campaigner Tim Gore.  “We mustn’t divert funds that would otherwise be spent on  schools and hospitals.”