Rich nations met $100b climate finance goal two years late: OECD

: Wealthy countries met their target of providing $100 billion in annual climate aid to poorer countries for the first time in 2022 though two years later than promised, the OECD said Wednesday.

In 2009, developed nations promised to raise $100 billion a year by 2020 to help low-income countries invest in clean energy and cope with the worsening impacts of climate change. The $100 billion target is nowhere near what experts say developing nations will need for renewable energy and adaptation measures like coastal defences against rising seas.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Business tycoon Ang urges Philippines to uphold claims in energy-rich South China SeaLee previously described the wait for Chris Wong's final verdict as 'painful' and expressed hopes for a swift resolution to the case, which has been ongoing for over two months.
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