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Funding mechanisms inhibit climate pledges

18th February 2021 Botswana’s Negotiator at the United Nations Framework Convention on Climate Change (UNFCCC), Professor Julius Atlhopheng has said that funding mechanisms remain a major challenge for countries with low economies to implement their pledges for the Paris Agreement of 2015. During the Conference of Parties (COP21), also Paris Agreement, countries pledged to reduce their emission of Green House Gases (GHG) so that they reduce the rise of global temperature by 1.5 degrees Celsius by 2030.   In an interview with this publication at his office at the Department of Environmental Science, Professor Atlhopheng indicated that all countries had submitted what was called Intended Nationally Determined Contributions (INDCs).  Although even developed countries are far from reaching their targets, developing countries are compromised by lack of funding. They do not have budget for tackling climate change.

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