Transparent systems for accounting and tracking climate finance flows are fundamental to the success of the Paris Agreement. ECO notes how some naughty players are including some types projects where the relevancy to climate is, at best, questionable. Some are also relying heavily on reporting non-concessional finance that adds on new debt for developing countries, making their support look bigger. This does not fit with the spirit of Articles 4.3 and 4.4 of the Agreement. ECO would like to remind Parties of paragraph 57 of Decision 1/CP.21, which calls for the elaboration of “modalities for the accounting of financial resources”. … Continue reading How Do You Count to 100?