Brussels, 08/10/2015 (Agence Europe) - In good news on the climate financing front, a study published by the OECD on Thursday 8 October reveals that, in 2014, US$61.8 billion was mobilised by developed countries for climate action. At COP 15 in Copenhagen in 2009, the wealthy countries promised $100 billion per year by 2020 to support adaptation and mitigation efforts in developing countries.
The OECD speaks of “encouraging” progress. The report was presented in Lima ahead of the G20...