Industrialized nations have pledged $a hundred billion US a year to help poorer nations Slice emissions and adapt to local climate change. But what does that 'weather finance' buy? Amongst other items, a coal plant, gelato retailers, and hotel and airport expansions, Reuters and Big Local Information have found.
Local weather negotiators from wealthy international locations that oppose stricter guidelines advised Reuters that far more restrictions on how cash are spent could limit developing nations' autonomy in tackling local climate alter, prohibit the move of money and hinder the versatility needed to hold tempo Using the fast-evolving crisis plus the technologies needed to remedy it.
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