The UN has named 19 members to its high-level advisory group aimed at spurring climate financing.
Billionaire philanthropist George Soros and British academic Nicholas Stern were among the members of the group, which includes world leaders and senior government officials, the UN said in a statement on Thursday.
The high-level panel, launched last month by UN Secretary-General Ban Ki-moon, will seek to mobilise financing to help developing countries combat climate change.
The Copenhagen accord reached at December’s UN conference in the Danish capital has called for fast-start financing of $30 billion until 2012 and then $100 billion a year until 2020.
Prime Ministers Gordon Brown of the UK and Meles Zenawi of Ethiopia were named in February to head the group.
The 19-strong team also includes President Bharrat Jagdeo of Guyana, Prime Minister Jens Stoltenberg of Norway, and several high-level officials, such as Mexican Finance Minister Ernesto Cordero Arroyo and Jean-Pierre Landau, the second deputy governor of the Bank of France.
The group is scheduled to hold its first meeting on 29 March in London, and is expected to submit its final report to Ban before UN climate change talks in Cancun, Mexico later this year, the statement said.
The team has been tasked to create “practical proposals” to boost both short- and long-term financing for mitigation and adaptation strategies in developing countries.
Yvo de Boer, the head of the UN climate change secretariat, has urged the flow of short-term financing in order to help secure a global climate agreement before the Kyoto protocol’s first commitment period expires at the end of 2012.
“Before the meeting in Cancun, we need to see industrialised countries moving the short-term finance through existing institutions,” he told reporters at a carbon conference in Amsterdam on Wednesday.
“In Cancun at the end of this year we need to get the architecture clear on long-term finance,” he said.
By Jeff Coelho - email@example.com
Carta da Terra
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