… It is important to keep working to resolve all the issues mentioned above, to facilitate the flow of private climate finance and build trust between developed and developing countries, most notably with regard to tracking, assigning responsibilities and verifying that investments have real impacts on the ground.
However, it must be acknowledged that some issues will either never be solved or always be contentious. The lack of resolution should not keep us from moving forward.
The Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report and others have highlighted the urgent need for higher investments, both in mitigation – where the door to prevent dangerous climate change is closing – and in adaptation, given that climate change impacts are already being felt throughout the world. …
Source: RTCC, UK
