To keep Earth from overheating too much, the nations of the world need to put fewer loopholes in climate agreements and far more money — trillions of dollars a year — into financial help for poor nations, the United Nations climate chief said Friday.
In an unusual and blunt lecture at a university in Baku, Azerbaijan, the host city of upcoming international climate negotiations later this year, United Nations Climate Change Executive Secretary Simon Stiell called gains made in the past not nearly enough.
Richer nations have promised less than 5% of that amount in climate financial help to poor nations — and they often haven't even delivered that much.
“It's already blazingly obvious that finance is the make-or-break factor in the world's climate fight,” Stiell said.
“The time has passed for business-as-usual in all aspects of the world's climate fight,” Stiell said.
Persons:
Simon Stiell, “, Stiell, Richer, “ It's, ” Stiell, Anne Rasmussen, Jean Su, Su, Joanna Depledge, ___ Read, Seth Borenstein
Organizations:
United Nations, United, Climate Finance, United Arab Emirates, ”, Biological Diversity, Cambridge University, Climate, Associated Press
Locations:
United, Baku, Azerbaijan, United Nations, China, Nations, Brazil, Grenada, United Arab, United States, England, Dubai, AP.org