Have you ever tried climbing out of a hole with one hand whilst digging it deeper using a giant shovel with the other? Let ECO be the first to tell you: it doesn’t work. While GCF pledges start to finally near the US$10 billion of initial funding, new analysis out today puts these pledges in a new light. Turns out Annex II countries are spending nearly 3 times as much to support the exploration for new fossil fuel reserves…with Annex II combined support for such activities at $26.6 billion annually. You read that right. Coming on the heels of scientific … Continue reading Time to stop funding fossils!