Climate finance | Centre for Science and Environment

Climate finance


Fight over finance: where's the money? ask developing countries

By: Arnab Pratim
Date: Dec 3, 2012

Developed countries shy away from promising more money to developing nations from next year till 2020 for mitigation and adaptation measures

Climate finance will be on the top of the minds of negotiators as the UN conference on climate change at Doha enters the second week on December 3. In the first seven days of the conference, the developed countries shied away from promising more money from next year until 2020 to developing countries to undertake mitigation and adaptation measures. The US $30 billion fast-start funding which started in 2010 ends this year and the next batch of funding, which is still under deliberation, begins only in 2020.

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