170 world leaders have gathered in Dubai and will go through tough climate negotiations for two weeks. Until now, it has not been known how much Norway will contribute, but today Jonas Gahr Støre was on the podium in Dubai and said that Norway will give 25 million dollars to the fund. This corresponds to NOK 270 million. With that, Norway therefore gives more than countries such as the USA, for example. – It is a clear contribution from our side and it is worth it. This is important for the countries that have been affected, says the Prime Minister to news. Støre says it is very positive that there is agreement on the design of the new fund. Money for the fund was promised on the very first day. In total, over 300 billion dollars, or 3.2 billion kroner, has been promised to the fund, according to Reuters. These sums from certain countries are already known: The United Arab Emirates (UAE) provides 100 million dollars. Germany gives 100 million dollars. The UK provides up to 60 million dollars. The USA provides 17.5 million dollars. Japan gives 10 million dollars. What is the climate summit and what will happen this year Warmest ever The World Bank will be responsible for managing the fund. The establishment of the fund was approved at the climate summit in Egypt last year. Specifically, the fund will go towards losses and damage as a result of the climate in poor countries. – These are countries that have been hardest hit by climate change, but have contributed the least to climate change. This has been requested by developing countries for many years, says Development Minister Anne Beate Tvinnereim. Prime Minister Jonas Gahr Støre and Development Minister Anne Beate Tvinnereim. Photo: Milana Knezevic / news Examples are the flood that last year put 30 percent of Pakistan under water, and the ongoing large flood in Somalia. 2023 is predicted to be the warmest year ever. Yesterday, the UN chief said that he wants to stop fossil energy. Støre then told news that there is no contradiction between Norway’s climate work and handing out new oil concessions. – It is not gas in itself that is the problem, it is the discharge from gas. 1.1 billion for rainforests Earlier this week, Jonas Gahr Støre met Indonesia’s President Joko Widodo during the climate summit. It then became clear that Norway is giving at least 100 million dollars, i.e. almost NOK 1.1 billion, to Indonesia. The reason is the effort to save the rainforest. An own fund has also been set up which will go towards investments in climate measures before 2030. There is already planned support for new solar and wind power in India. The fund is worth NOK 320 billion. At the climate conference today, it was also announced that Norway is giving NOK 200 million to a program that develops more advanced clean cooking stoves in Africa. The negotiations in Dubai started on 30 November and will last until 12 December.
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