Romain Weikmans<\/a><\/h2>\nPostdoctoral Research Fellow – Belgian Fund for Scientific Research, Free University of Brussels\/Universit\u00e9 Libre de Bruxelles<\/h3>\n TwitterRomainWeikmans<\/a><\/div>\n<\/div>\n<\/article>\n\n![\"\"](\"https:\/\/i1.wp.com\/www.brookings.edu\/wp-content\/uploads\/2016\/01\/robertsst_portrait-e1469568730751.jpg?w=120&crop=0%2C0px%2C100%2C120px&ssl=1\")
<\/a><\/div>\n\nTimmons Roberts<\/a><\/h2>\nNonresident Senior Fellow – Global Economy and Development<\/a><\/h3>\n Twittertimmonsroberts<\/a><\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\nIn the midst of the turmoil, Hillary Clinton, then secretary of state at President Barack Obama\u2019s side, reportedly came up with a bold number: $100 billion a year that rich countries would deliver by 2020 to help developing nations cope with the rising impacts of climate change and to move to lower carbon economies. In the final negotiations the wording of the promise became more guarded, but the number stuck, and now we are just three years away from the deadline. The pressure has not abated.<\/p>\n
The blank white cover of the new document proclaims only its title: \u201cRoadmap to $100 Billion.\u201d That the roadmap is a political document is clear from the outset: the first page reports that \u201cThe Roadmap aims to build confidence and provide increased predictability and transparency about the actions developed countries are and will be taking to achieve the $100 billion goal.\u201d<\/p>\n
Developing nations and non-governmental organizations (NGOs) have been calling for such a roadmap for years, but its timing now is the result of language won by developing states in the Paris Decision text<\/a> that \u201cstrongly urges developed country Parties to scale up their level of financial support, with a concrete roadmap to achieve the goal of jointly providing $100 billion annually by 2020 for mitigation and adaptation while significantly increasing adaptation finance from current levels and to further provide appropriate technology and capacity-building support\u201d (Paragraph 114).<\/p>\nThe roadmap therefore is a positive document with a welcome message but that nonetheless has important areas lacking clarity and concern.<\/p><\/blockquote>\n
Perhaps most importantly, the roadmap document puts down four priority areas in climate finance. They are:<\/p>\n
\n- Scaling-up public resources<\/li>\n
- Significantly increasing finance for adaptation<\/li>\n
- Using public finance and policy interventions to effectively mobilize private finance<\/li>\n
- Supporting enhanced access, capacity building, and investment readiness<\/li>\n<\/ul>\n
![\"\"](\"https:\/\/patriotsforumindia.com\/wp-content\/uploads\/2016\/02\/RKU-150x150.jpg\"){kind=avatar}
<\/a><\/div>\nTimmons Roberts<\/a><\/h2>\nNonresident Senior Fellow – Global Economy and Development<\/a><\/h3>\n Twittertimmonsroberts<\/a><\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\nIn the midst of the turmoil, Hillary Clinton, then secretary of state at President Barack Obama\u2019s side, reportedly came up with a bold number: $100 billion a year that rich countries would deliver by 2020 to help developing nations cope with the rising impacts of climate change and to move to lower carbon economies. In the final negotiations the wording of the promise became more guarded, but the number stuck, and now we are just three years away from the deadline. The pressure has not abated.<\/p>\n
The blank white cover of the new document proclaims only its title: \u201cRoadmap to $100 Billion.\u201d That the roadmap is a political document is clear from the outset: the first page reports that \u201cThe Roadmap aims to build confidence and provide increased predictability and transparency about the actions developed countries are and will be taking to achieve the $100 billion goal.\u201d<\/p>\n
Developing nations and non-governmental organizations (NGOs) have been calling for such a roadmap for years, but its timing now is the result of language won by developing states in the Paris Decision text<\/a> that \u201cstrongly urges developed country Parties to scale up their level of financial support, with a concrete roadmap to achieve the goal of jointly providing $100 billion annually by 2020 for mitigation and adaptation while significantly increasing adaptation finance from current levels and to further provide appropriate technology and capacity-building support\u201d (Paragraph 114).<\/p>\nThe roadmap therefore is a positive document with a welcome message but that nonetheless has important areas lacking clarity and concern.<\/p><\/blockquote>\n
Perhaps most importantly, the roadmap document puts down four priority areas in climate finance. They are:<\/p>\n
\n- Scaling-up public resources<\/li>\n
- Significantly increasing finance for adaptation<\/li>\n
- Using public finance and policy interventions to effectively mobilize private finance<\/li>\n
- Supporting enhanced access, capacity building, and investment readiness<\/li>\n<\/ul>\n
In the midst of the turmoil, Hillary Clinton, then secretary of state at President Barack Obama\u2019s side, reportedly came up with a bold number: $100 billion a year that rich countries would deliver by 2020 to help developing nations cope with the rising impacts of climate change and to move to lower carbon economies. In the final negotiations the wording of the promise became more guarded, but the number stuck, and now we are just three years away from the deadline. The pressure has not abated.<\/p>\n
The blank white cover of the new document proclaims only its title: \u201cRoadmap to $100 Billion.\u201d That the roadmap is a political document is clear from the outset: the first page reports that \u201cThe Roadmap aims to build confidence and provide increased predictability and transparency about the actions developed countries are and will be taking to achieve the $100 billion goal.\u201d<\/p>\n
Developing nations and non-governmental organizations (NGOs) have been calling for such a roadmap for years, but its timing now is the result of language won by developing states in the Paris Decision text<\/a> that \u201cstrongly urges developed country Parties to scale up their level of financial support, with a concrete roadmap to achieve the goal of jointly providing $100 billion annually by 2020 for mitigation and adaptation while significantly increasing adaptation finance from current levels and to further provide appropriate technology and capacity-building support\u201d (Paragraph 114).<\/p>\n The roadmap therefore is a positive document with a welcome message but that nonetheless has important areas lacking clarity and concern.<\/p><\/blockquote>\n Perhaps most importantly, the roadmap document puts down four priority areas in climate finance. They are:<\/p>\n\n