Presentation template - WWF South Africa

What does this mean?• Developing countries should be compensated for actions taken toaddress climate change resulting primarily from historical greenhousegas emissions of developed countries in line with the principle ofcommon but differentiated responsibilities and respectivecapabilities.• Commitment from Copenhagen Accord and Cancun Negotiations– Short term: fast start finance of US$ 30 billion for the period 2010 –2012 and– Long term finance: of $100 billion is to be provided by developedcountries by 2020.• Long term finance to be channeled through the Green Climate Fund,fund under development.• Key challenge (if we learn from our own experience in SA) is to developour capacity to have projects on the table that can use the availablefunding16