NEW | Oxfam: Rich countries are not delivering on $100bn climate finance promise By
In a report published on Tuesday, the anti-poverty charity found that nearly 80% of climate finance to developing countries took the form of loans, rather than grants.
Oxfam: Rich countries are not delivering on $100bn climate finance promise Nearly 80% of climate finance is in the form of loans that must be repaid, adding to the debt burden of the poorest countries, anti-poverty campaigners found
Nearly 80% of climate finance is in the form of loans that must be repaid, adding to the debt burden of the poorest countries, anti-poverty campaigners found.
Rich countries are not delivering on $100bn climate finance promise Germany, France, Japan, Canada and Norway gave less than 20% of their climate finance to least developed countries. At the other end of the scale, Denmark directed 41%