The cynicism of climate finance

EVER since the signing of the landmark Paris Climate Agreement in 2015, one of that global accord's most important provisions, the funding of the climate adaptation needs of vulnerable countries by the developed world responsible for the greatest part of planet-warming greenhouse gas (GHG) emissions, has proven to be one of its most problematic. Not only have rich countries consistently failed to meet the $100 billion per year target established by the Paris Agreement, as a submission to the Transitional Committee of the UN Framework Convention on Climate Change (UNFCCC) late last month highlight, those countries have cynically found a way to make vulnerable countries pay for their own climate response.