Boris Johnson will cut aid spending fot the world's poorest by £1bn, and give the money to "UK inventors" to research climate change.https://twitter.com/john_rendel/status/1175900376291299330 …
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I entirely agree! But I don't think it is likely to be a better use of aid money than the most effective programmes (do you?). I think we should count $ on climate mitigation against emissions targets, not aid. It makes more sense, and would better align incentives.
The big "new & additional" question! http://www.lse.ac.uk/GranthamInstitute/faqs/what-is-climate-finance-and-where-will-it-come-from/ … I wouldn't count Brazil REDD $5/tonne as a real benchmark. Most of Brazil's historic emission reductions linked to avoided deforestation are unsold so the 'price per tonne' is entirely symbolic https://oxfordclimatepolicy.org/sites/default/files/Amazon_Fund_working_paper.pdf …
