One small step for a Fund, one giant leap for humankind. We hope.

ECO sat through 4 long days and one very long night in Barbados last week, but it was worth it. The Green Climate Fund Board finally agreed upon arrangements to receive contributions this year, and further prepared the governance system to start disbursing funds next year. Not all negotiators will know that the issue of whether contributors could include specific “targets” within their contributions was the one issue that kept board members up until 3:30 AM on Saturday. Developing countries firmly rejected this idea, despite the imminent threat that developed country treasuries were sure to contribute less if this extra … Continue reading One small step for a Fund, one giant leap for humankind. We hope.