$23 Million for the CTCN… and Counting

It’s always nice to have money in your pocket, so the Climate Technology Centre and Network (CTCN) must be feeling cheerful. In a long anticipated announcement that was sprung as a surprise in Marrakech, the CTCN received the grand sum of… US$23 million!

While not as much money as expected, these voluntary contributions provide welcome assurance for the survival of the CTCN and its ability to deliver technical assistance to developing countries. Presented in an undramatic fashion, Canada, the EU, Korea, Switzerland, and the US hope to set an example for supporting ‘technology sharing’. These founding contributors hope to reemphasise the importance of the CTCN as a core mechanism for delivering technology for climate action.

To be clear, this is desperately needed. CTCN staff have spent an extraordinary amount of time securing funding. Of course, their time is better spent on delivering technology support—not having to carry a begging bowl to the capitals. A reliance on voluntary contributions impairs the sustainability and predictability of the CTCN budget and erodes its effectiveness and its mandate. Parties need to support a more regular process for replenishing CTCN funding, especially in the new Technology Framework.

ECO hopes the example set by these donor countries galvanises others to contribute and support developing countries in effectively developing and deploying technology to address mitigation and adaptation.