Richer countries failed to keep a $100 billion-a-year pledge to developing nations to help them achieve their climate goals, according to an analysis by the Organization for Economic Cooperation and Development, or OECD.
$83.3 billion in climate financing was given to poorer countries in 2020, a 4% increase from the previous year, but still short of the proposed goal.
The United Nations-backed payment plan was first agreed upon in 2009 to help poorer nations adapt to the effects of climate change and reduce emissions.
Johnny Thompson
Johnny Thompson is a senior reporter for Generator Research in Los Angeles, reporting on technology, business, finances, and more. He previously worked as a reporter for the Wall Street Journal and got his start at newspapers in New York, Connecticut, and Massachusetts.
Fri Jul 29 , 2022
Working from home has almost become the norm in some industries, and with that comes the issue of cyber security. While some remote employees use dedicated Virtual Private Networks (VPNs), others rely solely on their browsers to protect information. In addition, there are many more people who use the Internet […]
