UN secretary-general Ban ki-Moon is in Morocco to discuss details of the Paris Agreement.(SABC)
The United Nations (UN) is warning that failure by developed countries to meet a pledge of mobilising R1.4 trillion a year by 2020 to help developing countries reduce greenhouse gas emissions will expose poor nations to climate-induced disasters.
UN secretary-general Ban ki-Moon is in Morocco to discuss details of the Paris Agreement. Ban says moves to save the world against climate warming are unstoppable, despite reported plans by US President-elect Donald Trump to drop out of the Paris Agreement.
He says he told Trump in a telephone conversation three days ago to reconsider his threat.
Meanwhile, UN Environment Program (UNEP) said on Tuesday during Marrakech climate talks that developed countries should do all they can to increase and accelerate their support to developing countries trying to adapt to the devastating effects of climate change.
Under the historic Paris Agreement signed in December last year, rich nations have pledged to mobilize $100 billion a year by 2020 to help developing countries reduce greenhouse gas emissions and adapt to rising temperatures.
The agreement further states that this figure will be increased from 2025.
This year's UN Environment's Adaptation Finance Gap Report, however shows that the cost for developing countries of adaptation alone could range from $140 billion to $300 billion by 2030, and from $280 billion to $500 billion by 2050 up to five times higher than estimated.