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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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Le Devoir broke the news in Montreal, Canada on Wednesday, May 29, 2024.
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