Climate finance for developing countries rose 11% in 2018 but risks missing 2020 target

Published 17:38 on November 6, 2020  /  Last updated at 22:45 on November 23, 2022  /  Africa, Americas, Asia Pacific, EMEA, International, Middle East, Nature-based, Paris Article 6, Voluntary  /  No Comments

OECD nations mobilised in 2018 11% more on climate finance for developing countries, compared with the previous year, although reaching the $100 million objective set by 2020 is still uncertain.

OECD nations mobilised an 11% year-on-year rise in climate finance for developing countries in 2018, although it is unclear whether they will reach their $100 billion objective for 2020.

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