Charities call for Ireland to 'scale up funding for loss and damage' resulting from climate change
Politicians were warned "we know the climate crisis is spiralling out of control" as aid charities outlined what they would like to see from the Irish Government at this year's global climate summit.
Trocaire's Siobhan Curran said: "We know the climate crisis is spiralling out of control. We all saw the scenes last week in Valencia. In southern Africa, we've seen countries declare disaster due to drought and we continue to see human suffering due to crop failure, food insecurity and loss of livelihoods.
With oil and gas companies taking an average of $2.8 billion a day in profits since 1970, she added: "There is widespread calls for windfall taxes on oil and gas companies, including by the UN Secretary General, who calls for the immoral soaring profits of oil and gas companies to be taxed and argues the grotesque greed is punishing the poorest and most vulnerable people while destroying our only common home.
He says the new global finance goal "must be based on the needs of developing countries... provided largely in the form of new and additional, grant based finance" and that "wealthier developed countries – including Ireland – must take the lead in providing the bulk of the finance under the new goal in line with the principles of historical responsibility and equity".
Meanwhile the Sustainable Energy Authority of Ireland warned the country has significant gaps to close to meet legally binding climate targets by 2030.
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