20:02 06.12.2018

UK and US ‘not paying fair share’ towards tackling climate change, report finds

Source: The Independent
UK and US ‘not paying fair share’ towards tackling climate change, report finds

Rich countries are not pulling their weight in the fight against climate change, and must provide emergency finance to support a global green transition, environmental groups have warned.

Presented at a major climate conference in Poland, a new report has compared the amount of money going into tackling global warming to the quantity of CO2 pollution each country emits.

 

The EU, including the UK, and the US are home to most of the planet's wealthiest people, receiving more than half of the global income.

 
 

At the same time, the poorest half of the world receives less than one tenth of the global total income and generates virtually no emissions.

 

This disparity means the top countries are pumping out several tonnes more CO2 per capita than could be considered their “fair share” under existing climate targets.

Without substantial support from wealthy countries, poorer nations will fall far short of ambitions to cut fossil fuels and the world will not be able to limit warming to the 1.5C increase scientists think is necessary.

This independent review was backed by social movements, NGOs, trade unions, faith and other civil society groups from around the world.

They also warned that “global elites” must not pass the burden onto poorer people within rich countries. French president Emmanuel Macron has recently come under fire for pushing through a fuel tax in an effort to cut emissions that critics said would place too much financial stress on ordinary French citizens.

A key focus of the COP24 event in the Polish city of Katowice is meant to be ramping up climate finance, specifically the annual $100 billion goal from donor nations to lower-income countries.

 

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