Need to Boost Climate Finance for Developing Countries
By Robert Johnson
PARIS (IDN) – A new report will call for attention when climate finance provided and mobilized by developed countries for climate action in developing countries is discussed at the Climate Action Summit at the UN in New York on September 23 and in the run-up to the COP25 climate talks in Santiago de Chile in December.
This report finds that while climate finance reached USD 71.2 billion in 2017 – marking an up from USD 58.6 billion in 2016 – it fell short of the goal to be reached by 2020.…