Officials Near Agreement On Climate Finance Goal For Developing Nations

Negotiators at this year’s international climate conference in Azerbaijan are coalescing around an annual target of around $250 billion to help developing countries mitigate and adapt to climate change, an amount observers say is a meaningful increase from current goals yet still far from the levels poorer countries need for climate efforts. “The key question is whether there is enough money on the table from richer countries, and whether there is enough assurance on the quality of that finance,” said...