EU says climate funding should not rely on 1992 calculations

Brussels (AFP) Nov 20, 2023

A global fund under which wealthier nations would help emerging economies cope with climate change should not be based on divisions from three decades ago, an EU climate chief said Monday. "We cannot base this kind of funding simply on an economic division between developed and developing countries that might have made sense in 1992," EU commissioner for climate action Wopke Hoekstra told th