COP19 must be a COP of implementation, but with implementation comes the challenge of financing the projects to be implemented. So far developing countries are taking more responsibility than the developed countries of the world in taking the actions called for in the Kyoto Protocol. In reality this situation should be reversed, considering the fact that the developing countries are the countries with less money and fewer resources.
The recent global recession has made it difficult for developed countries to keep their financial commitments to fight climate change. But despite these facts, developed countries are still finding money for other "problems" such as wars and keeping other aspects of their economies running. Developed countries currently are ignoring their pledged support for the Clean Development Mechanism (CDM) process. This calls for developed countries who cannot meet their carbon emissions targets through mitigation to supply money to developing countries who can then implement clean development projects in their own countries. Even though the developed countries that signed the Kyoto Protocol are obligated to mitigate their own emissions and/or supply needed money for the CDM process, they too often choose to do neither, with no consequences besides the continued lack of clean development in developing countries and the demise of our planet.
There needs to be clarification of HOW these funds will be collected and distributed because money for climate change mitigation and adaptation is rapidly drying up. Also, there must be consequences for countries who pledge money and do not follow through with either their own mitigation efforts or the funding of CDMs in developing countries. Developed countries need to start to feel a sense of urgency in the matter of a morphing climate and not ignore the problem all together.
We are all equal, and EVERYONE has the same responsibilities and the same problems. There is no time to put off the bettering of our planet that developed countries have had such a big part in worsening. The time is now, and time is money. The longer we wait, the more money will be needed to fix the problem humans have put upon themselves.
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