Jonathan Beynon
@jonathanbeynon.bsky.social
Climate and development economist. Now at Center for Global Development (@cgdev.org).
Motto: Big Heart, Hard Head (at least, I try).
Views: my own
Motto: Big Heart, Hard Head (at least, I try).
Views: my own
$300bn is still unambitious. And NCQG hasn’t really learned lessons of the $100bn goal: it’s ill-defined, with no public finance target, no grant equivalent figure, and no clarity on additionality or burden sharing.
November 24, 2024 at 7:03 AM
$300bn is still unambitious. And NCQG hasn’t really learned lessons of the $100bn goal: it’s ill-defined, with no public finance target, no grant equivalent figure, and no clarity on additionality or burden sharing.
No, that’s a stretch too far. But public finance total needs also be expressed in GE terms to reduce incentives to meet with ever less concessional support (and allow fairer comparisons across donors). See www.cgdev.org/blog/climate...
Climate Finance: How to Unblock the NCQG
Negotiations on a new climate finance goal are stuck. There has been little progress on the two biggest issues: how big should the goal be, and who should pay. This matters. COP29—the last before coun...
www.cgdev.org
November 22, 2024 at 1:33 PM
No, that’s a stretch too far. But public finance total needs also be expressed in GE terms to reduce incentives to meet with ever less concessional support (and allow fairer comparisons across donors). See www.cgdev.org/blog/climate...
And if that $250bn includes ALL climate finance from MDBs, then it’s even less ambitious than first appears (since c.30% of MDB finance is paid for by developing countries)
November 22, 2024 at 1:30 PM
And if that $250bn includes ALL climate finance from MDBs, then it’s even less ambitious than first appears (since c.30% of MDB finance is paid for by developing countries)