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

Yorkshire officially enters drought status
Climate change

Yorkshire officially enters drought status

Summer may have come to an end and rain may be forecast, but the Environment Agency has warned drought conditions are continuing to impact much of the country

James Murray
James Murray
clock 12 October 2026 • 2 min read
The world does not lack climate solutions - but it needs the courage to listen
Climate change

The world does not lack climate solutions - but it needs the courage to listen

Indigenous Peoples protect at least 80 per cent of the world's biodiversity yet receive less than one per cent of climate finance - that must change, writes Mbororo environmental activist Hindou Oumarou Ibrahim

Hindou Oumarou Ibrahim, Indigenous Peoples of Africa Coordinating Committee
clock 09 October 2026 • 5 min read
People's Emergency Briefing: Viewers believe UK public is not being fully informed about climate crisis
Climate change

People's Emergency Briefing: Viewers believe UK public is not being fully informed about climate crisis

As much as 90 per cent of those who have watched film believe government should respond to climate and nature crises with same urgency as Covid-19 or World War Two, study claims

Stuart Stone
Stuart Stone
clock 08 October 2026 • 4 min read