In Marrakech, adaptation finance has remained a sticking point between Parties. When it comes to adaptation finance, wealthier countries have continued their common refrains: “There’s just not enough public money”;“Our cupboards are bare”;“It’s complicated”. The Africa Adaptation Initiative has yet to find any developed country willing to support it, a state of affairs made even sadder by the fact that Marrakech is an African COP. According to Parties’ own biennial reporting, G7 governments plus Australia are providing roughly $3.4 billion per year in public finance for adaptation activities in developing countries. In contrast, these same governments are providing nearly $67 … Continue reading Where’s Al the Finance Gone? Straight to Fossil Fuels