In the endless repetition of long-standing positions that passes for climate finance negotiation these days, one message comes through loud and clear: the Paris agreement–yes, the core legal agreement, currently largely in Part 1 of the co-chairs’ tool–must address the scale of finance to be provided post-2020. Failure to do this will undermine trust, contribute to a lowest-common denominator deal (or even no deal), and bring us closer to the 3 or 4°C-warmer future we all dread. ECO is well aware of the difficulties: post-2020 is beyond national budgeting cycles, finance ministries and political leaders must be engaged, etc., etc. … Continue reading It’s the Scale, Stupid
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