that rich countries are on track—albeit long overdue—to finally meet their 2009 pledge to invest $100 billion annually in climate financing by 2020, the newinvestigation shows that governments are funding climate-harming projects and counting the expenditures toward their giving total.
Japanese officials have attempted to justify the investments by portraying the coal plant as an improvement because it uses Japanese technology that generates more energy with less coal, while calling the new terminal an"Eco-Airport" replete with energy-saving solar panels, high-efficiency air conditioning, and LED light bulbs.
"Basically, that's a development project," King said of the Egyptian airport project."You can't count it, because the motivation is wrong."