Transparency International: As the first tranches of US$30 billion in fast-start climate change financing begins to trickle to recipient countries, Transparency International (TI) is calling on governments to work towards strong governance measures that can safeguard current and future climate change financing.Transparency and accountability mechanisms in climate change financing can help make international commitments successful in mitigating climate change, reducing emissions, and protecting vulnerable communities. The first tranches of the US$30 billion fast-start climate change financing, agreed in Copenhagen last December, are being disbursed this year and a total of US$100 billion is projected through 2020. Meetings held last week in Bonn devoted some attention to mechanisms for monitoring the money but there is still no clear and coordinated system in place to ensure accountability.
“We need strong governance and effective measurement, reporting and verification mechanisms. This is a complex issue with no easy fix, but we could jeopardise our planet and our future if we allow weak governance to undermine efforts to combat climate change,” said Cobus de Swardt, Managing Director of TI.
To move forward on finding ways to strengthen climate governance, today TI and InWEnt, a capacity building organisation working on behalf of the German Federal Ministry for Economic Cooperation and Development, are co-hosting a one-day conference in Berlin. The conference involves participants from around the world and aims to gather perspectives from government, the private sector and civil society….
Ludwig de Laveau, "The Paris Opera at night," 1892 or 1893
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