"World Set To Miss Goal Of $100B Climate Aid Pledged To Poor"

"BERLIN — A target for rich countries to provide poor nations with $100 billion in aid each year to tackle global warming will be missed, dealing a blow to the upcoming U.N. climate talks in Glasgow.

Senior officials from Britain, Canada and Germany, who had hoped to break a deadlock in negotiations ahead of next week’s summit, announced Monday that current data shows the goal won’t be reached until 2023 — three years later than agreed.

“The goal was almost certainly missed in 2020,” said Alok Sharma, the U.K. official who will chair the talks in Glasgow.

Failure to fulfil the pledge first made in 2009 and reaffirmed at the 2015 Paris climate talks, had “been a source of deep frustration for developing countries,” he added. “I absolutely get this.”"

Frank Jordans reports for the Associated Press October 25, 2021.


"Developed Countries To Meet Climate Finance Goal 3 Years Late: Plan" (The Hill)

"The Rich World’s Promise of $100 Billion in Climate Aid Inches Forward" (New York Times)

"Climate Change: Pledge Of $100Bn Annual Aid Slips To 2023" (BBC News)

Source: AP, 10/26/2021