Hello ECO readers. Just because the SBI won’t start this Bonn session (seriously Russia!!) it does not mean that ECO could conclude the fortnight without at least one piece of acerbic commentary from me, Ludwig (and my gender-balancing friend, Ludwiga). And do not be disappointed, we’ve got a good one for you!
In Tuesday’s ADP informal, a big country down-under came up with a great idea to deal with adaptation financing – “let’s just ignore the costs and focus on the opportunities!”
The text at that time had (and we hope still has) a request for the Secretariat to prepare a technical paper on the costs of adaptation at various temperature levels. It seems these mates had so much fun making up new colours for their temperature maps during the extended heat wave in their summer that now they want everyone to benefit from such “adaptation opportunities”!