Finance COP Disappoints, Climate Credibility Crisis
This is a Baku news story, published by Phys Org, that relates primarily to UN news.
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climate agreementsPhys Org
•UN climate talks face a credibility crisis as countries disengage
82% Informative
UN 's framework convention on climate change ( UNFCCC ) is facing a credibility crisis.
A key failure in Baku was about how much money developing nations will be paid for adaptation projects that help communities and infrastructure withstand the impacts of climate change.
Developed countries met their annual target to channel more than US$100 billion to developing countries for the first time in 2022 .
But this included too many loans and not enough grants.
VR Score
83
Informative language
82
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25
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English
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53
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23
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21
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