Unmet climate finance promises are damaging global trust: UN climate chief
United Nations climate chief Patricia Espinosa called on higher-income countries Thursday to step up and meet their promises toward lower-income countries by mobilizing $100 billion in climate finance per year. “We need clear signals that commitments made by developed countries to developing countries will become a reality,” Espinosa said, speaking at a virtual event called Financing the Race to Zero, which coincided with Earth Day. “We still don’t have those $100 billion with clarity on the table.”
