MARRAKECH, Morocco — Dr. James Fletcher, a well-respected figure in global climate circles and former head of the CARICOM Task Force on Sustainable Development, has come out to bat for the Adaptation Fund, whose future under the Paris Agreement is being hotly contested.
“I think the Adaptation Fund should sit under the Paris Agreement. You see, the Adaptation Fund is very important because the Adaptation Fund is specifically for adaptation. The Green Climate Fund deals with both mitigation and adaptation and if you listen to some of the pledges that have been made, there is still a heavy bias towards mitigation,” he said, from the international climate talks being held here.
“For us in the Caribbean, mitigation is important because mitigation will allow us to transform our economies, give us the energy security that we need. But as far as greenhouse gases are concerned, mitigation means nothing for the Caribbean. We contribute what, one quarter of one per cent of greenhouse gases?” he argued.
“So whilst from a moral perspective and also from an economic transformation perspective we are quite interested in mitigation and we want the mitigation funds to flow — particularly those mitigation funds that will give us access to grant or concessional financing, so some of our initiatives in geo-thermal and others can take place — the biggest issue for us is adaptation,” he said.
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