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The importance of climate finance additionality – who loses when climate adaptation money taken for Overseas Development Asisstance?

During the last year’s COP15 Climate Change Conference in Copenhagen it was unilaterally agreed to create a special Global Fund to assist the countries (in particular developing and small islands countries) with necessary adaptation and mitigation activities to counteract climate change consequences. However, it has never been clearly stated where this money is to come from, how it would be different from other development aid - for example previous Overseas Development Asisstance (...)