Adaptation Fund

ECO is concerned about the survival of the Adaptation Fund. Created in the old times of the Kyoto Protocol, it was given the chance for a new life through the Paris Agreement. However, the way developed countries are “revisiting” its existence has us really worried about all those issues we thought we had clarified in Paris.   “We fully support adaptation finance”, they say. “But we don’t see how the Adaptation Fund itself is ‘technically and legally’ ready to serve the Paris Agreement. The Fund was created to be supported by Clean Development Mechanism (CDM) revenues. Since that has failed, … Continue reading Adaptation Fund