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Business Daily: Rich betray poor on climate change 

25/11/2009

Rich betray poor on climate change 

BBC World Service - Business Daily, Rich betray poor on climate change

Have rich countries have broken their financial pledges on climate change?

Why should the developing world trust the promises of the rich world when it comes to money to address climate change?  And how serious is Indonesia's government about tackling corruption?

One of the key issues for any global climate-change deal at next month's summit in Copenhagen is money. Trying to get the rich nations to cough up billions of dollars to help countries which are most vulnerable to climate change seems to be a difficult job.

The trouble is there has been little trust among developing nations about financial promises made by the rich world. 

The first significant financing deal was made after the Kyoto Protocol was signed.  Developed nations promised to pay $410 million a year to help the poorest adapt, but an investigation by the BBC World Service has found that the money which was pledged then cannot be traced, or accounted for. 

It has led to allegations of broken promises, and betrayal.  Listen to the BBC's report from Rob Young with interviews from Carlton Miller, Liberian government minister, Richard Myungi, Tanzanian climate change negotiator, Artur Runge-Metzger, European Union chief negotiator, Boni Biagini, Global Environment Facility, Dr Marc Pallemaerts,  Institute for European Environmental Policy and Ban Ki-moon, United Nations Secretary-General.

And one of the largest private employers in Afghanistan is Arzu, a company which employs seven hundred female rug-weavers. Arzu pays the women for the rugs they make, and gives them access to healthcare. In exchange, the women have to send all their children to school, and attend literacy classes themselves. Listen to Business Daily's interview with the company's founder Connie Duckworth, a former American investment banker.

And how serious is Indonesia's government about tackling corruption? Listen to Karishma Vaswani from Jakarta.

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