"Ban Ki-Moon Calls for Climate Fund To Be Finalised at Durban"

"The global economic crisis is no excuse for countries to delay an international fund to help countries combat the effects of climate change, UN secretary general Ban Ki-moon has said."



"Speaking at a conference in the Bangladeshi capital Dhaka yesterday, Ban called on governments to make a concerted effort at the forthcoming Durban climate summit to establish the $100bn Green Climate Fund, which was first agreed at Copenhagen in 2009.

'Governments must find ways – now – to mobilise resources up to the $100bn per annum as pledged,' he said. 'The fund needs to be launched in Durban. An empty shell is not sufficient. Even in this difficult time we cannot afford the delay.'"

Business Green had the story on the Guardian Environment Network November 16, 2011.

Source: Business Green, 11/16/2011