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2024-06-14 11:19:05

CelloMom On Cars on Nostr: #ClimateFinance $2.4 tn needed annually by 2030 in developing countries to meet ...

#ClimateFinance

$2.4 tn needed annually by 2030 in developing countries to meet climate goals and protect their societies from extreme weather.

The Arab group of countries suggest a UN target of US$1.1 trillion per year, with US$441 billion coming directly from developed country governments in grants.

Loans provided at market rates, export credits should not count, as climate funding offered as loans is pushing poorer nations further into debt."

https://www.straitstimes.com/world/st-explains-the-global-fight-over-climate-change-funding
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