Climate finance: Wealthy nations accused of 'exaggerating true value' of support by $100bn

Michael Holder
clock • 5 min read
Activists demand more climate finance for developing nations at COP29 | Credit: Michael Holder
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Activists demand more climate finance for developing nations at COP29 | Credit: Michael Holder

Oxfam claims significant chunk of $137bn in climate finance provided by rich nations in 2024 came in the form of loans that only add to the Global South's debt burden

Richer countries have been accused of inflating the true value of the financial support they provide to help low and middle income nations cut their greenhouse gas emissions and adapt to worsening climate...

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Michael Holder
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Michael Holder

Environmental journalist and editor

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