The Guardian (November 15)
The Guardian and Carbon Brief found that “just a fifth of funds to fight global heating” actually “went to the world’s 44 poorest countries, known as the least developed countries (LDCs).” In contrast, “China and wealthy petrostates… are among countries receiving large sums of climate finance.” For example, the “UAE, a fossil fuel exporter with a GDP per capita on a par with France and Canada, received more than $1bn in loans from Japan that were logged as climate finance” while “Saudi Arabia, which is one of the top 10 carbon emitters…received about $328m in Japanese loans.”
Tags: $1bn, 44 LDCs, Canada, Carbon Brief, China, Climate finance Fossil fuel, Exporter, France, GDP, Global heating, Guardian, Japan, Loans, Saudi Arabia, UAE, Wealthy petrostates
