Addressing the (Im)balance

It’s impossible not to notice that developed countries are very pleased with themselves for publishing their “Roadmap to the US$100 billion” this past October. This is even more apparent from yesterday’s joint statement on the roadmap. ECO too is pleased to have the roadmap, don’t get us wrong. It enhances transparency on how developed countries plan to reach the collective target of US$100 billion per year by 2020. But ECO also expects further progress on patchy areas where more clarity is needed: mobilised private finance is one example that comes to mind. The joint statement reiterates developed countries’ commitment to … Continue reading Addressing the (Im)balance