Why are wealthy countries failing developing nations?
Summary
A United Nations Environment Programme report says the world is not adapting fast enough to climate change and its growing human and economic costs. It says wealthy countries, which account for most carbon emissions, have failed to deliver much of the funding pledged to help developing nations prepare for climate impacts.Key Facts
- The United Nations Environment Programme published the report.
- The report warns that climate adaptation is not keeping pace with rising human and economic costs.
- The report singles out wealthy countries for failing to meet their financial pledges.
- Wealthy countries are responsible for the bulk of carbon emissions, according to the article.
- At successive climate conferences, billions of dollars have been earmarked to help developing nations become more resilient.
- Only a fraction of the pledged funding has been paid out.
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