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Journal of Earth Science & Climatic Change | ISSN: 2157-7617 | Climate 2018 | Volume: 9
5
th
World Conference on
May 23-24, 2018 | New York, USA
Climate Change and Global Warming
Climate change and its effect on the global economy and security: A call for more robust climate finance,
prevention of climate finance against misappropriation or corrupt spending and review of articles 9 (1),
(3) & (4) of the Paris agreement and 12 (8) of Kyoto protocol to the UN framework convention on climate
change
Oluwaseyi O Adebayo
University of Manitoba, Canada
C
limate change unleashes negative impact on human water supplies, agriculture, migration patterns, infrastructure, financial
flows, disease prevalence, and economic activity. These impacts, in turn, lead to national or international security problems
stemming from aggravation of internal conflicts, increased poverty and inequality, exacerbation of existing international conflicts,
diversion of national and international resources from international security programs, contribution to global economic decline or
collapse, or international realignments based on climate change mitigation policies. Hence, this study seeks to beam search light on
the danger that climate change poses to human existence, environment, development, global economy and security. Although, the
United Nations through its legal frameworks as set out in the Paris Agreement and Kyoto Protocol has put in place climate finance
for mitigation and adaptation mechanism to curtail the effects of climate change. But the big question is how effective and realistic
will the actualization of this mechanism be in the advent of inadequate climate finance or funding and prevalent corrupt practices
in most of the developing (vulnerable) country parties? Hence, a call for more robust climate finance, prevention of climate finance
against misappropriation or corrupt spending and review of the provisions of Articles 9 (1), (3), (4) of the Paris Agreement and 12 (8)
of Kyoto Protocol to United Nations Framework Convention on Climate Change.
adebayooluwaseyi2013@gmail.comJ Earth Sci Clim Change 2018, Volulme: 9
DOI: 10.4172/2157-7617-C1-040