The amount of net financial assistance going to help developing countries fight climate change has been miscounted by tens of billions of dollars, according to a new Oxfam report released on the eve of the United Nations’ climate change conference in Morocco.
Observers at UN Climate talks in Lima have called for strong and clear rules relating to climate finance after a scandal shows Japan is claiming funds to a coal-power plant as being ‘green.'
The World Bank has released new draft safeguard policies that will vastly weaken protections for affected communities and the environment at the same time as the bank intends to finance more high-risk projects, say 19 organizations.