Ban Ki-moon Continues to Press for Launch of $100B Green Fund

U.N. Secretary-General Ban Ki-moon speaks during a state dinner in Dhaka, Bangladesh. Ban has renewed his call for countries meeting later this month in South Africa to launch and sufficiently finance a $100 billion fund for climate mitigation and adaptation efforts. Photo by: Mark Garten / UN

At a meeting of climate change vulnerable countries in Bangladesh, U.N. Secretary-General Ban Ki-moon renewed his call to countries meeting later this month in South Africa to launch and sufficiently finance a $100 billion fund for climate mitigation and adaptation efforts in poor countries.

Representatives from more than 190 countries are expected to attend the U.N.-backed climate change conference in Durban, South Africa, which starts Nov. 28. At this conference, the international community must make a concerted effort to mobilize resources for the fund, which governments agreed on at last year’s climate change conference in Mexico.

Ban spoke at the Climate Vulnerable Forum in Bangladesh, where representatives of 30 climate change vulnerable countries are meeting to craft a united stand on climate finance, The Associated Press reports.  A draft declaration of the forum also seeks technological and financial support from their climate mitigation plans.

In an address at the opening session of the forum, Ban urged the countries to “arrive with a strong and united voice” in Durban and to let their “commitment to green growth be an inspiration to more developed countries — the major emitters.”

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.