Indeed. Our own work on 'fair shares' very relevant here. Old divisions between 'developed' and 'developing' make no sense any more www.cgdev.org/publication/...

This is MASSIVE!

Climate finance debates often focus on who pays & how much, but @jonathanbeynon.bsky.social & @ianmitchell1.bsky.social argue that quality matters too. They explore how the UK reports the results of its int'l climate finance, & what it reveals about effectiveness 👇 https://buff.ly/416hM9q

The scale of income and especially wealth inequality is literally stratospheric. Things look challenging, but now is not the time to give up trying to agree and implement a minimum tax on the world’s richest. www.cgdev.org/blog/pens-pa...

Now that governments at #COP29 agreed the #NCQG, which sets out future goals for international climate finance, the focus turns to how they will be delivered. Here are my thoughts, featuring more MS Paint graphics that I know @ed-king.bsky.social loves so much: www.nrdc.org/bio/joe-thwa...

🚨New paper! 🚨(well, to Bluesky) Making Migration Work for Adaptation: Classifying Remittances as Climate Finance An exciting paper that we hope might make a difference (esp. after NCQG). Huge thanks to co-author @jonathanbeynon.bsky.social & to all who reviewed/shared comments. Thread below! 1/

Obsessing over quantity and forgetting quality of climate finance is the Baku COP’s biggest failure. Not that $300bn is too low to meet demands for action and justice (though that’s true). It’s that the world’s poorest & least responsible for climate change will be robbed by it.

Indeed. It’s insufficient, ill-defined, with no public finance target, no grant equivalent figure, and no refs to additionality or burden sharing. So much for learning lessons of the $100bn goal!

Just reinforces point that $250bn by 2035 is unambitious and woefully inadequate

Re #NCQG. Disappointing. No refs to new and additional. No refs to grant equivalence. Refs to additional contributions from developing countries are important (their emissions are now >50% of all GHG emissions since 1850). But developed countries simply must commit more.

Farewell X, ELO Mr Blue Sky!