New @cgdev.org paper with Philip Mann on how Article 6 carbon markets can best deliver meaningful development benefits worth tens of billions of dollars. Yes, carbon market integrity matters, but other key policy choices by developed and developing countries matter too. www.cgdev.org/blog/how-can...
Jonathan Beynon
Jonathan Beynon
@jonathanbeynon.bsky.social
Climate and development economist. Ex-DFID/FCDO. Now Non-Resident Fellow at Center for Global Development.
136 followers14 following17 posts
It’s widely thought that developed countries have emitted by far the most greenhouse gases. But that’s not actually true. Climate change is too serious for efforts to address it to be hampered by misperceptions of who is responsible. Equity and justice really matter, but it’s time for a rethink.
Climate finance rules still rely on country classifications set in 1992. But do they reflect today’s realities? New CGD research finds nine major emerging economies account for around 30% of GHG emissions since 1850, challenging the traditional developed/developing divide. go.cgdev.org/3VkBkHK
New findings that fragile and especially conflict affected countries are the most vulnerable to climate change (much more so than even LDCs or SIDS), yet also receive the least support, are really clear. Clear calls to action highlighted in blob and note here: www.cgdev.org/publication/...
Tough times for #climatefinance. Rumours that UK #ICF could be cut to £9bn, if true and that were all, would indeed be disappointing. But it doesn't have to be. My latest @cgdev.org blog examines the numbers and sets out six things the UK could do. www.cgdev.org/blog/what-no...
If you thought that climate change was all the fault of 'developed' countries, think again! That's NOT what data on GHG emissions since 1850 actually suggests. Old distinctions between developed and developing countries are no longer fit for purpose. Time to move on. www.cgdev.org/blog/emissio...
Really striking that SIDS get so much more adaptation finance per head than LDCs (indeed, than anyone), yet overall are less vulnerable. More adaptation needs to be focused on LDCs, with different help for SIDS. But SIDS may have much stronger claim on loss and damage finance.
Ahead of #COP30, @jonathanbeynon.bsky.social compares five major climate vulnerability indices—finding wildly different results. All agree least developed countries are most at risk, while small island states often get more attention. Time to rethink adaptation finance? https://go.cgdev.org/4hV7v88
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/...
Lots of commentary on the #ICJ advisory opinion on obligations of States in respect of #climate change. One thing I haven't seen discussed yet, which could have major implications for climate negotiations where developed or developing country status is key to so many obligations, is para 226:
This is MASSIVE!
NEW – ICJ: What the world court’s landmark opinion means for climate change | @daisydunne.carbonbrief.org @joshgabbatiss.bsky.social @mollylempriere.carbonbrief.org 💬 w/ comment from Danilo B. Garrido Alves, Joy Reyes, Prof Viñuales, Dr Maria Antonia Tigre, Harj Narulla, Dr Bill Hare Read here:
Jonathan Beynon reposted
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...
Jonathan Beynon reposted
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...
Jonathan Beynon reposted
🚨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/
Jonathan Beynon reposted
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!
My take on the #COP29 climate finance goal (#NCQG); based on our model. It will require barely any additional effort from providers and creates a greater risk of diverting funds from existing development finance @fionaharvey.bsky.social @joshgabbatiss.bsky.social @kenzabryan.bsky.social
Just reinforces point that $250bn by 2035 is unambitious and woefully inadequate
For those negotiating in Baku on the #NCQG climate finance goal @edwickstead.bsky.social and I have calculated two new scenarios in our @cgdev.bsky.social model of baselines relating to multilateral development banks and the latest negotiating text 1/5
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.
NEW TEXTS DROPPED AT #COP29 * NCQG: Draft finance target of $250bn * UAE dialogue: clear ref to GST para 28 * UAE dialogue: Options on taking GST fwd * MWP: GST remains absent www.carbonbrief.org/... 1/3
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