Finance

Rich Countries Missing the $100 Billion Climate Finance Goal

  • OECD says developed nations paid $78.9 billion in 2018
  • Effort undermined after U.S. stopped paying Green Climate Fund
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Rich countries risk missing their goal to provide $100 billion a-year by 2020 to help poorer nations combat climate change, after funding slowed in the year since President Donald Trump vowed to pull the U.S. out of the global Paris deal.