Week one of Poznan has passed. What can we conclude from the perspective of a developing country like Mexico? So far no earth-shattering conclusions have been made. More so, following the view of Cambio Climático, what the past week has demonstrated, is (once again) the rift between developed and developing nations.
Mexico’s “big day” lies still ahead: Mexico’s Minister of the Environment Elvira Quesada has been quoted by various sources in the past days that he will push Mexico’s idea of the Green Fund (Fondo Verde) at the high level discussions next week. This fund, which was already presented to the G8 and G5 meetings at Hokkaido, “should be multilaterally agreed upon and established as a financial scheme that complements existing mechanisms and ensures the full, sustained and effective implementation of the United Nations Framework Convention on Climate Change (UNFCCC).” (see Mexico’s submission to the UNFCCC). The fund would leverage money from all countries based on the principle of common but differentiated responsibilities taking into account the ratio of emissions of a country in total emissions, emissions of greenhouse gases per capita and the Domestic Gross Product per capita. The fund would have the aim to leverage the necessary funding (currently held to be insufficient) to encourage mitigation actions; support adaptation to the adverse effects of climate change, promote the transfer and dissemination of technologies, and help to sustain financially, the new global climate regime (for more check out this site).
The next week will show what will come out of it.
In parallel to the UNFCCC, Quesada has been specifying Mexico’s aim for cut GHG emissions by 15%.

Print Friendly, PDF & Email