Africa calls for climate finance tracker after donors fall short

LIBREVILLE: African countries want a new system to track funding from wealthy nations that are failing to meet a US$100-billion annual target to help the developing world tackle climate change, Africa's lead climate negotiator said.

In 2009, developed countries agreed to raise US$100 billion per year by 2020 to help the developing world deal with the fallout from a warming planet. Temperatures in Africa are rising at a faster rate than the global average, according to the latest UN climate report. It forecasts further warming will lead to more extreme heatwaves, severe coastal flooding and intense rainfall on the continent.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

China central bank will emphasize regulation, development of internet finance sector -state mediaBEIJING :China will emphasize both the regulation and development of the internet finance sector, state television quoted Guo Shuqing, Communist party chief of the People's Bank of China, as saying.Most financial problems on China's internet platforms have received a positive response and some have been resol
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »