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Durban climate talks: meaningful progress can be made on finance
Despite the pessimism in Durban, some meaningful progress can be made in the area with perhaps the greatest tangible effect on the real economy: climate finance for developing countries. Two climate finance innovations in particular should be given the go-ahead and taken forward by the international community. The first is a new way of deploying concessional climate finance to enhance its impact, while the second can cost-effectively generate the real cash-flows needed to make pro-environmental and pro-developmental projects viable.

