With the US halving its contribution to the Global Environment Facility, the oldest green fund sees first budget cut in 27 years, hurting the least developed countries the most
Industrialised countries will cut funding for the Global Environment Facility from USD 4.4 billion in 2014 to USD 4.1 billion for the four-year budget from 2018. The main reason is that the US…Read More
Combating climate change needs money that is only available in global bond and equity markets, which are heavily invested in fossil fuels; public finances are needed to make them change direction
Trillions of dollars. That is what India said it needed to deal with climate change in 2015, and it is only one of – though one of the biggest – the developing countries. Where will this come from?…Read more
Combating climate change needs money that is only available in global bond and equity markets, which are heavily invested in fossil fuels; public finances are needed to make them change direction
Trillions of dollars. That is what India said it needed to deal with climate change in 2015, and it is only one of – though one of the biggest – the developing countries. Where will this come from?…Read more
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