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Is the climate deal a breakthrough or a let-down?
Environmental activists and delegates at the Conference of the Parties (COP) in Azerbaijan’s capital Baku have criticised the US over its pledge to provide $12.2 billion in climate finance each year by 2030. “We’ll see…massive hole in global climate finance provided [by US] just as…climate impacts are intensifying and accumulating,” said Clare Shakya, head of…
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Is the climate deal a breakthrough or let-down?
US President Joe Biden’s administration was to provide $11.4 billion in climate finance annually by 2024, around 10% of the current annual global total. “There is no doubt that we’ll see a massive hole in…global climate finance provided [by the US] just as Climate impacts are intensifying and accumulating,” said Clare Shakya, head of climate…