Renewable energy and technological debt
Renewable energy is a bit like oil.
It's sensible to read anything the World Bank puts down in words and feel like something's amiss. I also recently read the following, on the Yale E360 blog (h/t @SanerDenizen):
… policymakers and funders still mostly prefer engineering solutions. [One study] found that less than 10 percent of funding for climate adaptation in the least-developed nations – which are usually the most vulnerable –went into projects that harnessed nature. The remaining 90 percent "poured concrete." Overall, the UN Environment Programme and the Global Commission on Adaptation, an international body set up by the Dutch government, both estimate that about 1 percent of total climate finance has so far gone toward such nature-based adaptation projects.
Put these two together and then read this tweet:
