If average global temperature rises are to be limited in line with the 2015 Paris agreement, climate finance globally will need to increase to about $9tn a year globally by 2030, up from just under $1.3tn in 2021-22, according to a report last year from the Climate Policy Initiative.
https://www.ft.com/content/6873d96e-3e40-45c6-9d84-8ce27b7b23e1
The above quote is extracted from an article written as if it were a quest story with beginning, middle and end by way of such funding. In reality, it is a conversion story of before and after a revelation.
For my part, I like my conversion stories upfront: “Any socialist effort to navigate the very real state shift in the climate will require a massive reconstruction and deployment of productive forces. For example, all the major cities that are on a coastline on this planet will have to be moved inland. That means the electrical grids and sewer systems need to be rebuilt. We will need to reimagine urban life on a massive scale. It’s not wrong to point that out.” (https://www.the-syllabus.com/ts-spotlight/the-right-climate/conversation/jason-moore)
If correct, it is to be as in: Saul the Jew before; Paul the Apostle after.
The one great virtue of their being blunt is patent, though: It’s clear all manner of blunders, contingencies, not-knowing, and inexperience will be incurred in this forced march from the sea. Where in the Financial Times article are the parallel mistakes, accidents and failures in wait for the $9tn per annum?
Source
For more on conversion narratives, see Adam Phillips (2022). On Wanting to Change. Picador Paper
WHEN COMPLEX IS AS SIMPLE AS IT GETS 