The developing world reacted with anger to a draft $250bn climate finance target yesterday, dismissing it as a joke and far below the amount that is needed.
There is anxiety among donor countries about what Donald Trump’s return to the US presidency will mean for climate finance, particularly given potential right wing governments elsewhere.
The key question is over climate finance: how much money should be provided to poorer countries by wealthier ones, and what form it should take.
UN secretary general is ringing round capitals to push for a higher figure, with the EU open to $300bn but other nations hesitant.
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