Green Climate Fund
The provision of new financing will be a cornerstone of the future international climate agreement that must be adopted at the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, to be held in Paris in late 2015. This agreement must make it possible to keep temperature increases below 2°C. A vital step in the preparation of this agreement will be the 20th session of the Conference of the Parties in Lima this coming December.
That is why the international community sought to establish the Green Climate Fund. The aim is to combat climate disruption and to create real leverage for changing the scale of our collective effort.
In order to mobilize the necessary resources, the Green Climate Fund High-Level Pledging Conference in Berlin on November 19 and 20 must be a success. Nearly three billion dollars have already been pledged, but that is not enough.
As presidents of the COP20 and COP21, we solemnly call on our partners to announce ambitious pledges on November 20 in Berlin. This is necessary for creating the conditions of trust and success for the crucial negotiations getting under way. Clearly, it is not a superfluous expense, but a capital investment in the future of our planet.