Industrialized countries meet $100B climate finance pledge, two years late

pledge to provide at least $100 billionThe delay in fulfilling the pledge, which was made at the Copenhagen climate talks in 2009, generated resentment and doubts among developing nations regarding future climate funding promises.: According to a new OECD report, developed countries provided $115.9 billion in climate finance for developing nations in 2022, exceeding the $100 billion annual goal for the first time.

Hitting the $100 billion goal comes just as countries work to come up with a new climate finance target, known as the New Collective Quantified Goal, to be decided at COP29 in Baku, Azerbaijan, in November.$100 billion a year was always a paltry sum compared with what is needed to meet the Paris targets.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Breitbart Business Digest: Biden Is Fighting 2009’s Economy in 2024Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Sumber: BreitbartNews - 🏆 610. / 51 Baca lebih lajut »