While developed countries have pledged to collectively provide $100 billion per year by 2020 and until 2025 to help developing countries in the fight against climate change (mitigation and adaptation), the current financial contributions of the European Union and its Member States remain too low in view of this target, according to a report published on 18 January by the ACT Alliance EU, a network of 13 European humanitarian and development agencies.
Recognising that the 100 billion...