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Pay Up: U.N. Demands Payments to Fund Climate Schemes - Vimarsana News

Pay Up: U.N. Demands Payments to Fund Climate Schemes

17 Jan 2021 The U.N. body charged with making the Paris climate deal work scolded the global community Sunday for not making good on promises of financial aid. The call to “pay up” came as President-elect Joe Biden readies to drag the U.S. back into the Paris climate agreement U.S. President Donald Trump exited in 2019, as Breitbart News reported. AFP reports the U.N. Environment Programme Adaptation Gap (UNEP) said current finance levels of around $30 billion annually for adaptation were far adrift of the $70 billion promised and the time has come for more money to be sent. UNEP said t...

Nations failing to fund climate adaptation: United Nations - Vimarsana News

Nations failing to fund climate adaptation: United Nations

The UN Environment Programme Adaptation Gap report found that the current finance levels of around $30 billion annually for adaptation fell far short of the annual cost in developing nations of $70 billion.