Twitxy
Saved
@euanritchie's profile picture
View on X

euan ritchie

@euanritchie

Senior Development Finance Policy Advisor at Development Initiatives. Views my own, on the rare occasion I express any
Bristol Joined September 2011
600 Following 501 Followers 704 Posts

Latest posts 5

euan ritchie @euanritchie
On the other hand, if you started with £40 around the time of the dinosaurs you'd need to average a mere 0.00003% return to end up with 31.2 billion.

Don't know what rates were like in the Jurassic period (don't think even Piketty went back that far) but it sounds modest
Doug Parr @doug_parr Aug 2, 2024
Shell & BP have made £31.2bn profits over the last year

If you were saving £40 per month, you'd have to have started around the time the dinosaurs were killed off to save that much

theguardian.com/business/artic…
View quoted post on X
euan ritchie @euanritchie
Really looking forward to being part of this panel at #LCAW2024, with other speakers far more knowledgeable than I.

I'll be talking about @devinitorg's new work on lack of consistency in climate finance reporting, and modest recommendations that could move us in right direction
Development Initiatives (DI) @devinitorg Jun 17, 2024
Save the date! The #UNFCCC will adopt a new #ClimateFinance goal at #COP29, but what should count towards the target? And who decides?

📢 Webinar and Q&A with leading experts
🗓️ 26 June / 12:30 - 14:00 BST
🔗Register: zoom.us/webinar/regist…

#LCAW2024
View quoted post on X
euan ritchie @euanritchie
1) Great thread on the new @OECD climate report finding that $100bn has been passed. @EconMitch is right that it is weird that bilateral climate finance increased despite ODA falling in 2022 (excl. refugees and Ukraine).

A few nerdy caveats though:
Ian Mitchell @EconMitch May 29, 2024
2. What's remarkable is that - excluding refugees and Ukraine - aid (ODA) actually fell in 2022 - but climate finance rose by 29%.

Least Developed Countries got more climate finance; but OECD confirm LDC aid fell by 6% in the same year
View quoted post on X
1 replies 3 reposts 12 likes 1.8K views View on X
euan ritchie @euanritchie
devex.com/news/uk-incorr…

Strange comments from the OECD DAC in this @Rob_Merrick article.

True, the UK does not have to count all the hotel costs for refugees as ODA.

But it doesn't speak well of the rules if those that set them are criticizing countries for following them
www.devex.com UK incorrectly claims it is forced to use aid budget on refugee hotels A top official has been strongly criticized for insisting the U.K. is required to spend billions of pounds of aid on hosting asylum seekers — when DAC rules say the opposite.