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Finance must break developing countries from ‘debt and disaster’ loop – UN climate chief

Finance must break developing countries from ‘debt and disaster’ loop – UN climate chief

The executive secretary of UN Climate Change, Simon Stiell, told the ministers at COP31 that climate finance must be redesigned to lift developing countries out of a cycle of debt and disaster, adding that meeting a headline figure will not do it. “Meeting a financial target does not always meet cou...

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