Senior Development Finance Policy Advisor at Development Initiatives. Views my own, on the rare occasion I express any
Joined September 2011
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2 Aug 2024
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
2 Aug 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/art…
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euan ritchie retweeted
10 Jul 2024
Thanks @vchadw for featuring the latest report from @euanritchie, which highlights problems with #ClimateFinance reporting and sets out practical steps to make it more transparent, detailed and consistent, a key issue for #COP29 and beyond
devex.com/news/devex-investe…
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euan ritchie retweeted
5 Jul 2024
The most disproportionate election in British history #GE2024
PROVISIONAL RESULT
🔴 Labour: 34% votes = 63% seats
🔵 Tory: 24% votes = 18% seats
🟣 Reform: 14% votes = <1% seats
🟠 Lib Dem: 12% votes = 11% seats
🟢 Green: 7% votes = <1% seats
🟡 SNP: 2% votes = 1% seats
🧵 1/3
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21 Jun 2024
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
17 Jun 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/register/231…
#LCAW2024
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It’s time for the #G7 to #PayUp for climate finance.
We didn’t get progress this week in Bonn at #SB60, so we need real action from #G7 this weekend.
CAN-UK’s @cat_pettengell outlines what happened at #SB60 and what needs to happen before #COP29 here:
bond.org.uk/news/2024/06/g7-…
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euan ritchie retweeted
11 Jun 2024
At the heart of the #SB60 climate talks in Bonn is a big document that everyone hopes will form the basis for a new goal on climate finance.
Right now it's a mess because it's full of countries' divergent views on what that will look like. Quick 🧵 on some of those views...
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30 May 2024
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:
29 May 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
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30 May 2024
4) reasonable to exclude Ukraine, but this does also exclude around $400m of climate finance. It may seem surprising that some countries have claimed that aid to Ukraine's energy sector has a "principal" climate focus, but there we are.
And obviously...
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30 May 2024
5) this all ignores some very questionable reporting practices. A forthcoming @devinitorg report will investigate this further and give some (hopefully) useful recommendations...
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euan ritchie retweeted
21 May 2024
Does lead, even at low levels, really reduce IQ? @StuartJRitchie & @TomChivers are sceptical: thestudiesshowpod.com/p/epis…
But they missed a few natural experiments! 1/n
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euan ritchie retweeted
17 May 2024
Climate Finance: Are we spending blind?
$73bn of public money is spent on international climate finance - but we know little about its impact.
@BeaCichocka and I assess the gaps and what needs to be done @cgdev
cgdev.org/blog/international…
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euan ritchie retweeted
24 Apr 2024
New post on why @icai_uk criticism of BII investments in Indian cosmetics manufacturer and social media platforms miss the mark.
Symptomatic of a UK dev't sector that is too often performative and focused on pleasing specific domestic audiences.
odi.org/en/insights/on-lipst…
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24 Apr 2024
devex.com/news/uk-incorrectl…
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
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24 Apr 2024
(At the margin there is a question around whether the UK is overestimating, or inadvertently counting some costs beyond 1yr so breaking a rule. But fundamentally the DAC rules allow this and *that* is the problem)
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23 Apr 2024
“What is climate finance? Dunno. But we’re definitely providing 100bn of it”.
@martgbek and I explore the resistance among providers of climate finance to agree on how to measure it, and what Charles Goodhart might have to say about the controversy
devinit.org/blog/do-we-need-…
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17 Apr 2024
bond.org.uk/news/2024/04/the… Good analysis of the euphemism-laden @OECDdev mid-term peer review of UK ODA
The review finding that
"Further work is needed to fully seize the opportunities of an integrated ministry"
is certainly one way of putting it
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euan ritchie retweeted
15 Apr 2024
That the IFC (& @BillGates @ImaginableFut) refuse to pay compensation to victims of sexual abuse by their teachers is despicable
They knowingly financed an unregulated school chain, boasting it employed untrained teachers
When kids got raped they covered up & refused to pay up
15 Apr 2024
A slightly different angle on the much-reported IFC-Bridge sexual abuse case in Kenya: exploring Why IFC resists directly compensating people harmed by its projects devex.com/news/why-ifc-resis… #Devex via @Devex @HansPeterLankes @MathiasenKV @MargauxDay
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