• About Us
  • Who Are We
  • Work With Us
Monday, December 11, 2023
No Result
View All Result
NEWSLETTER
The Globe Post
39 °f
New York
44 ° Fri
46 ° Sat
40 ° Sun
41 ° Mon
No Result
View All Result
The Globe Post
No Result
View All Result
Home World

Wealthy Countries Falling Far Behind on $100Bln Climate Change Pledge

Staff Writer with AFP by Staff Writer with AFP
11/17/17
in World
A bamboo-based design raises family homes safely above water levels to cope with raising water levels in Bangladesh.

Stilt houses, coping with climate change. Photo: Development Planning Unit at University College London, Flickr

Share on FacebookShare on Twitter

Wealthy countries have fallen far behind on their pledge to provide $100 billion a year to developing countries by 2020 under the Paris climate accord, according to a report published on Monday.

Only $10 billion of the $111 billion invested in clean energy technologies was provided by rich countries, according to data compiled by Bloomberg New Energy Finance.

Wealthy nations first made the pledge at a Copenhagen summit in 2009. It was later confirmed by signatories of the 2015 Paris Agreement to limit global warming caused by greenhouse gas emissions.

The $100 billion, to be raised from multiple sources including from the private sector, was intended to be a minimum. By 2025, nations expected to set a revised goal.

UN negotiators meeting in Bonn, Germany, this week are trying to work out how to implement the Paris accord, which aims to keep warming at “well under two degrees Celsius” (3.6 degrees Fahrenheit) above pre-industrial levels.

Climate action is unstoppable. UN Climate Change Conf #COP23 starts Monday in Bonn to advance #ParisAgreement aims: https://t.co/cTEmQXIMia pic.twitter.com/WuuQpLW7gK

— United Nations (@UN) November 6, 2017

But US President Donald Trump has pulled his country out of the deal, and analysts have warned that other national leaders may struggle to find the funds to match their ambitions.

#COP23 kicks off with strong calls to hold to #ParisAgreement pathhttps://t.co/HSBULIIbxX pic.twitter.com/ezDrN6SgPT

— UN Climate Change (@UNFCCC) November 6, 2017

ShareTweet
Staff Writer with AFP

Staff Writer with AFP

Related Posts

People march against climate change in Bordeaux, southwestern France, on October 13, 2018.
Environment

Earth to Warm Up to 2.9C Even With Current Climate Pledges: UN

by Staff Writer
November 20, 2023
Striated surgeonfish and royal angelfish swim by a coral reef along Egypt’s southern Red Sea coast
Environment

Countries Pledge to Raise $12B to Help Coral

by Staff Writer
October 3, 2023
A bamboo-based design raises family homes safely above water levels to cope with raising water levels in Bangladesh.
Opinion

The West Owes Climate Refugees Reparations Now

by Cresa Pugh
August 14, 2023
A worker cutting steel pipes near a coal-powered power station
Environment

Energy Sector CO2 Emissions Hit Record in 2022: Study

by Staff Writer
June 27, 2023
This aerial photograph taken on May 6, 2023 shows a landslide that engulfed Nyamukubi village, eastern Democratic Republic of Congo
National

Toll From DR Congo Floods Rises to Nearly 400: Official

by Staff Writer
May 8, 2023
A flooded road in Batu Berendam in Malaysia's southern coastal state of Malacca
Environment

At Least Four Dead, Tens of Thousands Evacuated in Malaysia Floods

by Staff Writer
March 6, 2023
Next Post
Europol

Greece Busts Trafficking Ring Catering to Albanians Wanting to Settle in Britain

Muslim World Urges Myanmar To End Persecution of Rohingya

UN Urges Myanmar to Allow Rohingya Refugees Return Home

Recommended

Policemen stand next to demonstrators, among them a protester (background, C) holding the flag of Iraq, at Mynttorget Square in Stockholm, Sweden

Denmark’s Parliament Adopts Law Banning Koran Burnings

December 8, 2023
A giant crawler machine used to dredge the seabed for diamonds

Norway to Allow Deep-Sea Mining

December 5, 2023
Dutch politician Geert Wilders

Xenophobia in the Netherlands? Unpacking the PVV’s Surprising Success

November 28, 2023
Ukraine war

NATO Chief Says ‘No Alternative’ to Helping Ukraine Stop Putin

November 27, 2023
Migrants stranded at the Finland border

Russia Warns of a ‘Crisis’ at Arctic Border With Finland

November 22, 2023
People march against climate change in Bordeaux, southwestern France, on October 13, 2018.

Earth to Warm Up to 2.9C Even With Current Climate Pledges: UN

November 20, 2023

Opinion

Dutch politician Geert Wilders

Xenophobia in the Netherlands? Unpacking the PVV’s Surprising Success

November 28, 2023
Afghan refugees

The Blessed and Cursed Randomness of Our Lives

October 25, 2023
Joe Biden

The ‘Polycrisis’ Challenge: Biden’s Vision for Global Problem-Solving

September 26, 2023
Pro-Trump protester in front of Capitol Hill.

The Ominous (and Irresponsible) Chatter of a Civil War 

September 4, 2023
A bamboo-based design raises family homes safely above water levels to cope with raising water levels in Bangladesh.

The West Owes Climate Refugees Reparations Now

August 14, 2023
President Donald Trump in the Brady Briefing Room of the White House.

Boxing Day Comes to South Florida

July 5, 2023
Facebook Twitter

Newsletter

Do you like our reporting?
SUBSCRIBE

About Us

The Globe Post

The Globe Post is part of Globe Post Media, a U.S. digital news organization that is publishing the world's best targeted news sites.

submit oped

© 2018 The Globe Post

No Result
View All Result
  • National
  • World
  • Business
  • Interviews
  • Lifestyle
  • Democracy at Risk
    • Media Freedom
  • Opinion
    • Editorials
    • Columns
    • Book Reviews
    • Stage
  • Submit Op-ed

© 2018 The Globe Post