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climate fund struggles to deliver aid to vulnerable nations after two years

A €350 million program aimed at assisting vulnerable nations with climate disaster costs has only disbursed €5.2 million in two years. Launched at the 2022 UN climate talks, the Global Shield has faced delays, with only Ghana receiving funding for drought insurance, raising concerns about developed nations" commitment to climate finance.
bloomberg.com
United States Dollar Euro Global Shield African Risk Capacity PAK DEU GHA MDG Rabevohitra Bako Nirina Astrid Zwick Harjeet Singh Show more
Finance & Economy, News Article
13:55 18.11.2024
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