Swiss host climate financing talks
Environment Minister Moritz Leuenberger opened an informal meeting in Geneva on Thursday aimed at finding ways to finance action on climate change.
“The aim is the open discussion of a topic that is crucial to the climate negotiations, to create shared understanding of the issues at stake and contribute to the establishment of a consensus,” Leuenberger told participants.
He outlined a Swiss proposal, based on the polluter-pays principle, to finance measures to mitigate and adapt to climate change.
He went on to express the hope that the two-day conference would provide inspiration for the high level advisory group on financing climate change set up by the United Nations.
Representatives from more than 40 countries are attending the two-day meeting in the Swiss city which comes ahead of global talks in Cancún, Mexico, later this year.
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