5min chapter

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What really happens at a UN climate summit?

New Economics Podcast

CHAPTER

Climate Finance

If all pledges of the pars agreement were actually met, we would still be on track for two point seven degrees celsius warming. To do anything even approaching that would require significant financial and technological transfer. Some countries are going to need financial assistance or support in order to avoid global climate changes. The offer for climate finance is really, really pathetic. We're talking about a hundred billion dollarss dollars per year by 20 twentythat thr mobilize. That doesn't cover it.

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