G7: The numbers don’t add up

At the conclusion of the G7, leaders of the world’s richest countries said they “will continue our efforts to provide and mobilise increased finance, from public and private sources, and to demonstrate that we and others are well on our way to meet the US$100 billion goal”. “Continuing efforts to provide and mobilise increased finance” is about maintaining current levels of finance, which the G7 leaders claim are “already flowing at higher levels”. So far so good, no backsliding. But where is the much-needed commitment to further increase finance beyond current levels? We are nowhere near Chancellor Merkel’s commitment to … Continue reading G7: The numbers don’t add up