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Archive for the ‘Finance’ Category

The UN Secretary General called a meeting to report from his high-level advisory group on climate change financing. The group has been chaired by the Prime Minsters of Norway and Ethiopia, who were also present. The group was created to follow up on Copenhagen and its work is done with the release of the report [...]

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Investments requirements in agriculture and the land based sectors are very large. FAO has estimated it to $210 billion per year until 2050. These investment analyses do not generally include climate change aspects. By comparison, finance needs for climate change adaptation in agriculture has been estimated to $7 billion annually, and investments for agriculture mitigation [...]

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REDD+ was all but agreed in Copenhagen. A well established concept, an almost finalised negotiation text and several billion dollars of start-up finance provided a considerable momentum. However, a broader climate change package, of which REDD+ would be part, was not decided. Instead the Copenhagen accord was instituted and the prospect of a comprehensive climate [...]

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Missed the boat. Twice.

First, the international community missed one boat. Agriculture was not considered to be part of the problem. So it was left outside the huge cruising ship of negotiators working to cut a deal to cut emissions. Then it missed another one. Adapting agriculture to new climate challenges is crucial. Says everyone. But with focus of [...]

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