The fight to shake up global climate finance
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Last month at COP27, the U.N. climate change conference, a yearslong campaign ended in an agreement. The rich nations of the world — the ones primarily responsible for the emissions that have caused climate change — agreed to pay into a fund to help poorer nations that bear th ...
Trillions of dollars are needed to shift the world to a low-carbon future, but where will all that money come from? While momentum is growing in rich countries, developing countries are still struggling for finance. Without significant increases in the amount of money spent, t ...