Two thirds of climate funding for developing countries delivered open mess as loans fueling $3.3 trillion debt
[Capital Ethiopia - Ethiopia] - 6/10/2025
Rich countries are “profiteering from escalating climate crisis” because they are providing the largest share (two-thirds) of their money to the Global South (developing countries) in the form of loans to respond to the climate crisis. This puts vulnerable countries under a severe debt burden (…)
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