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How development banks can help restore faith in a Paris climate deal
2015-07-14 00:36:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: To truly tackle climate change, well need to mobilize Scrooge McDuck-level rivers of cash and most of it will need to flow to developing countries. But most wealthy countries have committed only paltry sums to this end so far, despite signing a 2010 pledge to raise $100 billion annually by 2020. It may not be 2020 yet, but if youre India or Vanuatu, the current trend doesnt make for a lot of faith in Uncle Scrooge. Last week, a group of the worlds largest development banks took a step that...
Tags: development
paris
deal
faith
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