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The Chairman of the Subcommittee on Asia, the Pacific and the Global Environment, Rep. Eni F.H. Faleomavaega, yesterday introduced H. Res. 1552 calling on developed countries to meet their pledges to developing countries in assisting them with the effects of climate change. The resolution will be a topic of discussion at a hearing the Subcommittee will convene on Tuesday, July 27 at 2:00 pm in Rayburn House Office Building, room 2172.
“House Resolution 1552 makes the case for why it is in our own interest and that of other developed countries to address the needs of developing countries created by climate change. Ironically, the poorest countries, which have contributed only marginally to greenhouse gas emissions, will suffer 75 to 80 percent of the global cost of climate change-induced damages,” Faleomavaega said.
“The commitments made by the developed world to developing nations were essential to achieving the Copenhagen Accord during the much anticipated 15th Session of the Conference of the Parties held last December in Copenhagen, Denmark. Negotiations nearly faltered until developed nations agreed to contribute resources to counter the effects of climate change in developing countries.”
“As the Accord itself states, ‘Enhanced action and international cooperation on adaptation is urgently required to ensure the implementation of the Convention by enabling and supporting the implementation of adaptation actions aimed at reducing vulnerability and building resilience in developing countries, especially in those that are particularly vulnerable, especially least developed countries, small island developing States and Africa. We agree that developed countries shall provide adequate, predictable and sustainable financial resources, technology and capacity-building to support the implementation of adaptation action in developing countries,’” Faleomavaega noted.
“Next Tuesday, the Subcommittee on Asia, the Pacific and the Global Environment will convene a hearing on the issue of climate finance. We have assembled a world-class group of witnesses to discuss the issues including Lael Brainard, the Treasury Under Secretary for International Affairs; State Department’s Deputy Special Envoy for Climate Change, Jonathan Pershing; Rear Admiral David W. Titley, Oceanographer and Navigator of the Navy; Maura O’Neill, Senior Counselor to the Administrator at USAID; Amb. Nancy Soderberg, President of The Connect U.S. Fund; Elliot Diringer, Vice President for International Strategies at the Pew Center on Global Climate Change; Kenneth Berlin, Partner at Skadden, Arps and a leader in the development of a Green Bank; and Redmond Clark, Chairman and CEO of CBL Industrial Services.” Faleomavaega concluded. |
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