22 Hrs
Source:
القدس
COP31 Climate Aid Slows
Poor countries and those most vulnerable to climate disasters are facing delays in accessing funding at the COP31 conference in Antalya, as climate priorities slip down the agenda of Western governments amid wars, economic pressures and rising military spending. The international pledge aims to increase funding for developing countries to $300 billion a year by 2035 and bring total public and private finance to $1.3 trillion annually. But recorded funding in 2024 amounted to just $137 billion, with the shortfall projected to reach as much as $840 billion. Countries and participants called for the pledges to be fulfilled and for access to funding to be made easier, urging development banks and the private sector to help close the gap.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)