POOR NATIONS MAY HAVE TO DOWNGRADE CLIMATE CASH DEMANDS, EX-UN ENVOY SAYS
https://i.guim.co.uk/img/media/2e6c867427607ca609d8b4f0aad3779644b1e844/0_142_2371_1423/master/2371.jpg?width=460&quality=85&auto=format&fit=max&s=5d8b69956b407dada048e33cb3b8d422
✍️ A former UN climate envoy has warned that poor countries may have to compromise on their demands for climate finance due to stretched budgets of rich countries.
👉 Rich countries' budgets are stretched due to inflation, Covid, and conflicts 👉 Poor countries are demanding $1tn a year in climate finance, but rich countries are only offering about $300bn 👉 Mary Robinson is calling for a minimum of $300bn in public finance 👉 Developed countries must take steps to ensure poor countries can access private sector finance and loans more cheaply
-- #MaryRobinson #JoeBiden #DonaldTrump #NicholasStern #ThattoGabaitse #CharleneWatson #Baku #Ukraine #Azerbaijan #Ireland #UK #environment
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