It is most likely that it could go that way. The problem is that developed countries are pressuring developing countries to indicate their pledges for emissions reductions post-2020 under the Paris deal which is currently under negotiation, without any indication of whether they will provide any finance or enable technology transfer – which are current commitments under the Convention.
What is worse is that many developed countries – especially the U.S. and its allies – are delaying making their contributions to the Green Climate Fund (GCF).
The GCF was launched in 2011 and it was agreed in Cancun, Mexico in 2010 that developed countries will mobilise 100 billion dollars per year by 2020.
The GCF has yet to receive any funds that …