Germany is providing 150 million euros to help poorer countries adapt to the consequences of climate change.
Berlin – Germany is providing 150 million euros to help poorer countries adapt to the consequences of climate change. This was announced by the Environment and Development Ministry on Monday at the start of the second week of the World Climate Conference in Glasgow. Accordingly, 50 million euros are to flow into a fund (“Adaptation fund”) for projects. The Development Ministry is investing a further 100 million in the Least Development Countries Fund, which benefits the least developed countries.
The contribution is part of the public funds that Germany makes available annually for climate protection and climate adaptation in poorer countries. Last year this was a total of 7.64 billion euros. Environment State Secretary Jochen Flasbarth emphasized the need to support countries that are particularly affected. “When the water is on your feet, when you have to complain about crop losses, when there are storms and heat waves, then you urgently need to be protected from these effects.”
That is why international funds are becoming more and more important. The adjustment fund is one of the “essential instruments” to support poorer countries. This fund currently comprises one billion euros, explained Flasbarth. Germany is now increasing its share from 390 million to 440 million euros. There are currently no plans to set up an extra fund for damage and losses, said Jürgen Zattler, who heads the climate protection department in the development ministry. (dpa)