–How to put together a modern climate finance deal (using article 6 of the Paris climate deal?)
Fascinating climate-finance example offered today at the New York Times climate conference by U.S. climate envoy John Kerry:
“I’ll give you an example. We’re working with Egypt right now. We’re working with the EBRD, the European bank.”
Kerry didn’t mention Article 6 of the Paris climate deal could be the mechanism for the deal. But it could help.
Article 6 is the new climate finance.
He went on (tiny pay wall):