Rich countries 'backsliding' on climate finance

clock

$10bn pledged for Green Climate Fund to help countries cope with global warming falls short of original commitment, say UN observers

The $10bn (£6bn) in climate aid which Britain and other rich countries are expected to formally pledge this week represents a backsliding on earlier climate finance transfers, according to observers...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Study: Global warming accelerating even faster than previously thought

Study: Global warming accelerating even faster than previously thought

New analysis reveals first statistically significant evidence of acceleration in rate of global warming over the past decade

James Murray
clock 06 March 2026 • 3 min read
Wet winter, hot summer? What 'climate whiplash' means for the UK

Wet winter, hot summer? What 'climate whiplash' means for the UK

Climate policies and planning is often based on average scenarios, but the UK's weather is becoming ever more extreme

Chloe Brimicombe, University of Oxford - The Conversation
clock 06 March 2026 • 4 min read
China announces target for 17 per cent cut in carbon intensity by 2030

China announces target for 17 per cent cut in carbon intensity by 2030

World's biggest emitter sets out goal to reduce carbon emissions per unit of GDP by 17 per cent under its latest five-year plan

Michael Holder
clock 05 March 2026 • 5 min read