DUBAI, United Arab Emirates — When United Nations climate talks wrap up at some point this week in Dubai, big promises will likely be made about how the world is going to combat climate change, caused by the burning of fossil fuels like oil, gas and coal. Rich countries promised to channel $100 billion a year to developing countries for green technologies by 2020. And as climate change worsens, experts say the funds promised are not enough. Research published by climate economist Nicholas Stern found that developing countries likely need $2 trillion for climate action every year by 2030. The Paris Agreement is widely considered the single biggest U.N. achievement in efforts to confront climate change.

Source: Daily Sun December 12, 2023 18:44 UTC