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

'We need targets and pledges, but we also need stories': Abi Daré wins first ever Climate Fiction Prize

'We need targets and pledges, but we also need stories': Abi Daré wins first ever Climate Fiction Prize

British-Nigerian author takes home inaugural £10,000 prize for her second novel 'And So I Roar', praised by judges as 'a book of real energy and passion'

Michael Holder
clock 15 May 2025 • 5 min read
National Methane Action Plan: Government faces fresh calls for tackle powerful greenhouse gas

National Methane Action Plan: Government faces fresh calls for tackle powerful greenhouse gas

As government prepares its updated Carbon Budget Delivery Plan, Green Alliance calls for a focused strategy for tackling methane emissions

clock 13 May 2025 • 5 min read
'Immediate action is necessary': CCC proposes 73 per cent emissions cut under Wales' Fourth Carbon Budget

'Immediate action is necessary': CCC proposes 73 per cent emissions cut under Wales' Fourth Carbon Budget

Climate advisors call on Welsh government to double down on clean tech adoption and electrification to hit ambitious climate targets

Stuart Stone
clock 13 May 2025 • 5 min read