Funding Gap Hurts Climate Talks While World Faces 3.1C Warming

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The countries primarily responsible for the financing crunch are, ironically, the two biggest economies of the world — the United States and China

The post Funding Gap Hurts Climate Talks While World Faces 3.1C Warming appeared first on Asia Financial.

Despite that, as of October, the United States owes $7.9 million to the UNFCCC’s 2024 core budget, though it did contribute $2.7 million to its supplementary budget.

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Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets: Hong KongAzerbaijanChinaGermanyIraqKenyaMalaysiaUnited States

Topics: Regions Market Insights Climate Change Asia Markets World Carbon North Asia Carbon Removal Paris Climate Agreement Emissions Global Warming

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 14:26:34 (6 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 842 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23336894

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