How much should developed countries pay?

Oxford academics are providing support towards the development of an appropriate goal for post-2025 financial transfers under Article 9 of the Paris agreement.

The project has three actions (see further details in charter):

1. consult with experts and representatives of CMA party groupings to understand the full range of potential methodologies being considered for a scientifically-, economically-, and socially-defensible goal;
2. develop and publish a first-principles assessment to determine the range of justifiable targets for a post-2025 goal that take “into account the needs and priorities of developing countries”; and
3. support the COP27 presidency and/or subsidiary/constituted bodies and/or party groupings in preparation for CMA negotiations on the topic of a post-2025 goal (see Appendix A).