It will be harder to reconcile all the differences between developing and developed countries, but if successful, this approach will be the most productive.
As negotiations within the UN progress, multiple developing countries raise economic concerns over curbing carbon emissions. Countries such as India, China, and Brazil insist that developed countries need to offer financial and technological assistance to developing countries if an agreement is to be reached. Some of the key developed countries and actors such as Japan, the EU and South Korea turn to the US for leadership. How would you like to respond to the developing countries' demands?
|Global Environment Facility||In order to commit to significant emissions reductions, you suggest that developed countries should substantially increase the GEF's climate change funds. The GEF is a program managed by the World Bank and the UN that provides grants to developing countries to help them meet international legal obligations on issues such as climate change.|
|World Bank loans||In order to commit to significant emissions reductions, you suggest that developed countries should substantially increase the World Bank's climate change loan funds. Developing countries could use these loans to help ease the economic burden of developing renewable energy solutions in the short term. Furthermore, the World Bank would offer favorable loan terms to developing countries, so as not to undermine long-term economic stability.|
|Nothing||The Global Environmental Facility and World Bank provide sufficient financial assistance to developing countries already. The developed countries should reiterate that these organizations are funded well enough and that it is time for developing countries to commit to fighting climate change. After all, climate change will disproportionately impact developing countries more than developed countries.|