Will Rich Countries Answer Africa’s Adaptation Call?

One message that transpired from Monday’s leaders’ event was that developed countries claim to have a lot of solidarity with vulnerable countries. Good. ECO assumes they are now planning to turn warm words into action–and answer Africa’s call to double the share of adaptation finance in overall climate finance, from today’s 16% to 32% by 2020, a call first heard at the pre-COP a few weeks ago. This would lead to US$32 billion a year by 2020 for adaptation, within the $100 billion promise, so (good news) no new money would have to be found. Rather, such a target would … Continue reading Will Rich Countries Answer Africa’s Adaptation Call?