Our reaction to the latest draft text for the New Collective Quantified Goal on Climate Finance

Reacting to the latest draft text for the New Collective Quantified Goal on Climate Finance, Teresa Anderson, the Global Lead on Climate Justice at ActionAid International, said:  

“This new text is absolutely heartless. 

The developed countries most responsible for causing climate destruction have turned their backs on climate-hit nations. The document offers no guarantees of real grant-based finance to those on the front lines. Instead of holding the developed countries that caused the climate crisis accountable, it shifts the burden onto developing countries and the private sector. Essentially, this draft text says ‘sorry, you’re on your own,’ to those on the frontlines. 

The Global South needs to keep up the fight. The whole planet needs them to stand up for the trillions of dollars in grants each year needed to keep the planet safe.”    

Spokesperson Available:   

Teresa Anderson is in Baku and available for interviews, please contact the ActionAid Press Office on media-enquiries@actionaid.org or +254722780562