China and India set to receive £1.5billion climate aid windfall – despite scuppering COP26 coal pledges

China and India are set to receive a £1.5 billion climate aid windfall despite scuppering a COP26 deal on reducing reliance on coal power.

Richer countries agreed to double funding for developing nations to prepare for global warming at the Glasgow conference earlier this month.

Despite having two of the fastest growing economies in the world, the UN designates China and India as ‘developing states’.

Analysis shows that the two countries received a total of about £700 million from developed countries in 2019, the latest figures available, as well as millions more from investment foundations and private donors.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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