News Formal

Wealthy nations' failure to honour climate finance pledge a 'travesty' - UN official | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Wealthy nations, most responsible for global warming, are yet to deliver on the 2009 pledge to provide $100 billion per year to help developing nations deal with climate change. | News24_Business

Young protesters demanding climate reparations payment from rich countries to poor countries impacted by climate loss and damage march at the conference venue during the UNFCCC COP27 climate conference on November 11, 2022 in Sharm El Sheikh, Egypt.Developed nations' failure to deliver on a decade-old commitment to pay $100 billion in annual climate financing to developing nations is a"travesty", Achim Steiner, administrator of the UN Development Programme, said on Thursday.

"A travesty. I say this with all honesty," Steiner told Reuters during an interview on the sidelines of a Group of 20 meeting of finance ministers and central bank governors at a hill resort on the outskirts of the tech hub of Bengaluru.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business HonMoses_Kuria why can't you use the work permit control?

_Business We've had climate change for billions of years... It's called SEASONS.

_Business Global warming will happen. It is a God to nature thing. Nothing you fools do can or will prevent it.

_Business The developing nations mainly being those that are run by black power thugs like we have in South Africa. As soon as they get the money it is stolen,looted & shared amongst the black power thug cadres and comrades. Fact!

_Business Then they send people like Andre de Ruiter touse us to solve their problems

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ITWeb | Business Technology News and Information Site
Source: ITWeb - 🏆 45. / 51 Read more »

Elon Musk's new Silicon Valley engineering headquarters will focus on AI, report says | Business InsiderElon Musk said Tesla plans to expand its engineering hub in Palo Alto, California despite being based in Austin, Texas.
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Business Maverick: Bankman-Fried Charged With 4 New Counts in FTX Criminal CaseNew charges were unsealed against Sam Bankman-Fried, accused of fraud in last year’s implosion of the FTX cryptocurrency exchange.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Newmont’s Gold Output Stagnates as It Chases Big TakeoverNewmont Corp. is expecting more of the same for gold output during the next year as the world’s top bullion producer pursues its biggest acquisition ever to secure future growth.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: European Commission Blocks Staff From Using TikTokThe European Commission suspended staff from using TikTok Inc. over security concerns related to the social media app’s data-collection practices.
Source: dailymaverick - 🏆 3. / 84 Read more »

Blue Label says load shedding now hitting prepaid electricity demand, but it remains confident | BusinessBlue Label Telecoms says load shedding has significantly hit prepaid electricity usage for the first time, but unprecedented blackouts at least confirm that Cell C's move away from its network infrastructure to roaming agreements was a solid move.
Source: News24 - 🏆 4. / 80 Read more »