Finally, the juicy discussion on long-term finance under COP agenda item 10a is getting off the ground. It’s not surprising that virtually every developed country that spoke yesterday celebrated their roadmap towards the $100-billion-a-year promise. And of course they highlighted their projection that public adaptation finance may double by 2020. Maybe developed countries even think they are off the hook when looking at those projections. Yet, with a closer look, a few additional things come to mind that may require COP action. Let’s start with a key fact. Doubling adaptation finance by 2020 would mean only a fifth of the … Continue reading Next Steps to Get to $100 Billion