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Climate funding piles up, but nations argue over how quickly

2015-12-06 10:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Developed nations have mobilised some $80-$90 billion per year to help the poorest survive a warmer world, delegates at Paris climate talks said, but emerging countries dispute the figures and say a goal of $100 billion by 2020 is far from reach. The issue is central to U.N. talks in Paris, where nearly 200 nations are trying to forge a new pact on climate change. In October, the Organisation for Economic Co-operation and Development (OECD), which represents rich nations, calculated that financial...

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