In his handle to Prensa Latina, Valdés famous that whereas the Cuban delegation acknowledged the worth of sure agreements reached throughout the convention, it additionally voiced its objections to the proposed preparations for a brand new quantified local weather financing goal.
He acknowledged that Cuba believes the local weather finance scenario demonstrates an absence of dedication from developed international locations towards international efforts to fight local weather change. Moreover, Cuba views the proposed preparations as an try by these international locations to evade their historic and authorized duties outlined within the Framework Conference and the Paris Settlement.
The Cuban delegation’s assertion emphasised that the brand new monetary goal, as proposed, might not directly remodel growing international locations into contributors to the financing what ought to primarily be offered by essentially the most developed nations.
This case exacerbates the already vital movement of sources from the International South to the North, which quantities to a type of environmental colonialism. Valdés urged to not overlook the teachings from the unfulfilled dedication to boost 100 billion {dollars} for local weather initiatives.
Moreover, he identified that the brand new monetary goal fails to fulfill the minimal necessities and doesn’t enable for any sensible enhancements or changes inside an affordable timeframe. From the South to the North, in a sort of environmental colonialism, they need us to overlook the teachings of the missed aim of 100 billion {dollars}.
The brand new monetary goal, as proposed, doesn’t meet the minimal necessities demanded and leaves no room for enchancment and adjustment in a prudent interval.
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