No money, mo’ problems

by Bogdan Zymka The clock is winding down in Doha and as the negotiations press on, the blank ivory pages under finance in the LCA have burned into our pupils like the setting Doha sun. So far, the only financial support that has been pushed through the text is more market mechanisms, despite major opposition from the developing world. Markets run on a profit motive, not a climate motive, when...

Financing & Addressing Climate Change: Root Problems with Climate Finance

by Bogdan Zymka Whether you like it or hate it with every atom in your being, money is what makes the world go-round these days.  It is the same with climate finance; you can’t have implementation without the means to do so. Climate change has already caused billions of dollars’ worth of damage and is likely to cause billions more in the coming years. Besides the damage that has...

Financing Adaptation: Who Will Pay?

by Nathan Thanki and Graham Reeder Given that we’re now experiencing another summer of bizarre weather events, including deadly heat waves, wildfires, and storms in the US, and increased chances of another El Nino year, many in the US are finally opening their eyes to what scientists have been telling them for years: climate change is real, but not only that, it is happening now. Climate...