Negotiations will shift to the finance section of the elements text today, and there are several key items still missing—partly due to the weak outcomes in Lima—on climate finance. Here are a few examples of areas where the text must be strengthened. The idea of global collective targets for finance appears here and there in the text, but nowhere is it captured in a sufficiently comprehensive and clear manner. A durable agreement has to set collective targets for the provision of financial support to developing countries, one for mitigation, and one for adaptation – and regularly review and adjust these … Continue reading Finance: What to put (back) into the text