The topic of long term finance, and pathways to the US$100 billion commitment by 2020, were conspicuous only in its absence in the Workshops on Long Term Finance this week. So how did we reach this sorry state? In fact, discussion of how to meet the $100 billion goal has degenerated steadily over the years. The best effort to date occurred with a 2010 report of the UN Secretary General’s Advisory Group on Climate Finance that actually looked at new sources of finance and different mixes of sources to meet the commitment. The COP grudgingly took note of this report, … Continue reading Avoidance is no solution to the finance gap!