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Bangladesh warns of rising climate change costs as donations plummet

2014-03-10 08:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Bangladesh needs $5bn (3bn) over the next five years to adapt to current climate changes, and the cost is rising each year, according to a lead negotiator for developing countries in the UN climate talks, which resume in Bonn on Monday. It, and other developing countries, may have been promised $30bn as "fast-start finance" before $100bn a year is theoretically mobilised for developing countries in 2020, but the global recession and reluctance by rich countries to match their pledges with money...

Tags: change costs rising climate

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