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Wealthy countries met global climate finance goal two years late, OECD says
- Wealthy countries reached their goal of $100 billion in annual climate aid to poorer nations in 2022, as reported by the OECD.
- Developed nations pledged in 2009 to raise $100 billion yearly by 2020 for clean energy and climate change; this was achieved in 2022.
- The OECD confirmed $115.9 billion raised in 2022, exceeding the target, but two years later than promised.
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31 Articles
31 Articles
The climate agreement calls for the world's rich countries to send $100 billion to developing countries.
·Copenhagen, Denmark
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Wealthy countries met global climate finance goal two years late, OECD says
Developed countries achieved their pledge to provide $100 billion to help poorer countries cope with climate change in 2022, the OECD said on Wednesday, confirming the target was met two years late.
·London, United Kingdom
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According to data from the new OECD report, climate finance achieved in 2022 was US$ 115.9 billion, exceeding the goal of US$ 100 billion for the first time
·Rio de Janeiro, Brazil
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Climate: $100 billion target for developing countries reached and exceeded
According to the OECD, developed countries provided $116 billion in 2022, a record 30% increase in one year. They are two years late in fulfilling an old promise that has become a driving force behind climate action.
·Paris, France
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Total News Sources31
Leaning Left4Leaning Right5Center11Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 20%
C 55%
R 25%
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