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Wednesday, March 27, 2013

Declining Adaptation Finance?

Pieter Tirpsten posted an article on WRIInsights that suggests the developed world's commitment to financing mitigation and adaptation activities in the developing world may be faltering:

"Surprisingly, new OECD numbers show that while adaptation expenditures in 2011 remained the same as in 2010, expenditures for mitigation activities decreased. Plus, the total commitment for climate finance decreased from $23 billion in 2010 to $17 billion in 2011."

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