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

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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.

 

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_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

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