Antalya:Civil society representatives from the Global South have urged the need for fast, transparent, and simplified climate financing to ensure that funds reach the countries and communities most affected by climate change.
According to Bangladesh Sangbad Sangstha, the representatives also called on developed countries to fulfill their climate financing commitments. They emphasized that vulnerable nations should not have to take new loans for adaptation and addressing loss and damage.
This appeal was made during a side event at the ongoing COP31 conference in Antalya, Turkiye, titled "The Imperatives and Prospects for Climate Finance Perspectives from the Global South." Lidy Nacpil, Coordinator of the Asian Peoples' Movement on Debt and Development (APMDD), highlighted that climate finance commitments must translate into action through transparent processes, urging Global South governments to prioritize climate financing in their national budgets.
M A Hasan from COAST Foundation described climate finance as a matter of justice, not charity, and called for clarity regarding funding sources, disbursement conditions, recipients, and expected outcomes. Wanun Permpibul of Climate Watch Thailand stressed that the 59 indicators of the Global Goal on Adaptation must lead to tangible improvements in people's safety and livelihoods, and called for defining funding sources and timelines to achieve the target of tripling adaptation finance by 2035.
The speakers advocated for stronger technology transfer, capacity building, and additional contributions to the Loss and Damage Fund, along with easier access and faster disbursement. They highlighted the necessity of transparency, accountability, and clear action plans to ensure that polluting countries and corporations meet their financial responsibilities.