2022: OECD confirms $115.9B climate finance surpasses $100B goal, two years behind schedule.

Rich nations have finally met their $100B climate finance goal, two years behind schedule. The OECD confirmed that climate finance reached $115.9B in 2022, surpassing the annual target for the first time. The funds are aimed at helping developing countries mitigate and adapt to climate change. The initial target date was 2020. This achievement occurs two years later than the original 2020 target year, the OECD said in a report.

May 29, 2024
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