Wealthy nations, including Japan, France, Germany, and the US, divert billions from a climate aid program to their own economies.
Wealthy nations, including Japan, France, Germany, and the US, are earning billions of dollars from a global program intended to aid developing countries in combating climate change. Developed countries pledged to provide $100 billion annually to poorer nations to reduce emissions and cope with extreme weather. However, by funneling money from the program back into their own economies, these nations contradict the concept of compensating poorer countries for long-term pollution that contributed to climate change.
May 22, 2024
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